Funny that that the big stories making the rounds today were reported here 24-hours ago. Lots of chatter about the IIF’s report that an uncontrolled Greek default would cost the euro zone EUR 1 trln.
Also weighing on the euro today is the continued murmuring that one of the Dutch political parties is clamoring to dump the euro…
EUR/USD should be capped near-term on rallies by the uptrend at 1.3171 which was broken earlier today. BIS bids are rumored at 1.3135.
