The government is mulling over whether or not to make direct mortgage payment son behalf of some “tardy borrowers”.

Government paid mortgages, government made cars. I can’t wait to see what goodies we get next.

EUR/USD is drifting up from 1.3912 session lows and now trades in the low 1.3930s. Small offers are clustered in the 1.3940/50 area, traders say.