Greece, smmeesh…Stocks are bouncing hard, cutting their losses roughly in half. I have to assume that lower oil prices are having a positive influence on stocks on the assumption that one of the main drags on the US recovery is abating.
EUR/USD is up 75 pips from session lows, now at 1.4200. Offers are seen at 1.4215/20 now with small stops just above that level.One again, selling EUR/USD weakness has proven to be a losing strategy…
