Spanish 10 year yields now at 6.95% from 6.65% in the early moments of the ECB press conference.

Attaboy, Mario. You are now a full member of the European Hall of Fame. You also take the award for over-promising and under-performing for 2012. The show you put on this week will be impossible to beat.

1.2170 is the last thread of support for EUR/USD…