Greek central banker Garganas has turned the tables on the EU Commission, complaining that they are not doing enough to prompt structural reforms in Europe. Usually it is the EU governments complaining about the ECB, so this looks like one of those "man bites dog" stories.
EUR/USD pushed up as high as 1.2944 on the most recent run, triggering more stops amid reports of heavy reserve diversification from a Mid-Eastern name this morning. With oil prices down about $15 in the last few weeks, they will have less of it to do ahead.
No comments:
Post a Comment