EUR/USD continues its advance despite reports of EUR/USD selling from Middle Eastern central banks as well as selling from real money mangers. EUR/USD just posted a fresh high for the move at 1.2475.
Protection of 1.2500 barriers is expected before too long.
Crossing the wires now are comments from ECB economist Stark. He says Europe must strengthen surveillance of European budgets and budget rules.
Oil is down $3.50, stocks down 1.6%, gold down $25…
