• Won’t wait for agreement on transaction tax
  • Unacceptable that no tax imposed on transactions

And he’s the right-winger in the French presidential race…sheesh.

EUR/USD “rallies” are incredibly shallow, stalling in the 1.2730 area since bottoming at 1.2697.

UPDATE: Sarkozy says the end of the euro would be the end of Europe and the end of peace…