So much for a Greek default being priced in….

If this Greek thing ends badly after all, what will the price tag be? Try EUR 1 trln, according to the IIF.

No worries for the euro in the near-term, apparently. After running downside stops below 1.3180 this morning we’ve bounced from uptrend support and triggered trailing stops above 1.3220. We trade now at 1.3222.

Best in 2026

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