ESM Chief Regling: Spanish bank rescue “in coming weeks”

I didn’t see the word ‘bank’ at first and almost got excited.

  • Euro countries on good path, “glass certainly half full”
  • Positive sign that Spain getting money for bank restructuring

EUR/USD sits at 1.2745, a mere 5 pips away from the 1.2750 that greeted me first thing.

Bring on the ECB, bring on bloody Draghi. Maybe he’ll liven things up.

Best in 2026

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