Whoops a daisy….
EUR/USD touch lower on comment, presently 1.2725.
- Firewall no substitute for winning back investor trust
- European banking union important for breaking bank-sovereign link
- Pooling of risk is not the goal of banking union
Bundesbank being……………………………..well the Bundesbank.
EUR/USD dipped as low as 1.2714 on comments, presently at 1.2721.
Battle of 1.2700 barrier options well and truly joined!!!
