Here we go again…the secondary and tertiary targets of the bond vigilantes are coming into focus…
Spain is the big prize. It’s government finance are less of a problem than the banking sector, but as we know, the problems of the banks eventually become the problem of the government.
EUR/USD continues to give ground with the Irish government under intense political pressure as calls for a general election rise.
Stop-loss sell orders in EUR/USD lie just below 1.3625, traders report.
