China doesn’t want to talk about its currency, Germany doesn’t want to talk about Greece, Tiger doesn’t want to talk about his private life…Sometimes uncomfortable issues need to be dealt with…
Merkel is on the tape saying again that Greece should not be the focus of the EU summit and that Greece has not asked for aid.
EUR/USD is firming as the markets cover shorts taken earlier in the day on the slide through 1.35. We now trade at 1.3565 after reaching 1.3569.