Portuguese central banker Constancio says the recovery in the euro zone is still very weak. That is not holding back the EUR which is bouncing back from another foray toward 1.5000. Oil prices have bounced back above $80, well above, actually. It trades now at $80.70.
Here are some EUR positive comments: Constancio says the euro exchange rate is not the object of ECB policy and that a strong EUR helps control inflation. EUR/USD has jumped to 1.5045