Schaeuble: First successes seen in Greece rescue
- Still a long way to go for Greece
- Greece crisis can’t be resolved in a ‘few years’
- Greece govt is making big effort for reforms
EUR/USD sits at 1.3020.
Can’t get any reliable explanation for the spike from circa 1.2992 to 1.3028 just after the really crap German retail sales data. As I said earlier, it’s month-end falling on a Friday, anything can happen.