- Says must reach 3% deficit target by 2013
Tough love from the German FinMin as they try and preserve the Fiscal Compact’s validity.
EUR/USD is in the midst of a full-blown short-covering rally, now up 50 pips from session lows.
More small offers are eyed in the 1.31110/20 area.
The market awaits comments from Obama on China any moment from the White House Rose Garden
