• Governments overestimate ECB possibilities
  • Bundesbank has greater say at ECB than some others
  • Hard to imagine political union in near future
  • Bundesbank will stand up for what it believes in
  • Bundesbank stands for stable monetary union

Bloomberg reporting.

EUR/USD slips back below 1.2300 on the comments, presently at 1.2295.

Earlier reports had buy orders clustered 1.2270/80, sell stops below there.

Wolfman pins The Destroyer to the canvas……….