German finance minister Schaeuble out with some comments on budget 28 June

  • plan pushes debt below 60% of GDP by 2020
  • have scope for balanced budgets within the next 4 years
  • EU must consider plugging gaps in bank regulation

EURUSD rallying again to 1.1373 as are EUR pairs generally with EURGBP now 0.8868 after holding the 0.8850 area as per my order board. EURJPY up to 127.50 again from 127.12 as USDJPY rallies to 112.11 after holding 111.80 again.

Schaeuble with his budget plans