EUR/USD 1.2681 now; we’ve been noting the weakness ever since the Eurogroup news conference. Not a very constructive EUR response, is it?

  • AUD, too – still lower after this morning’s poor Business Confidence and Conditions data: 1.0402.
  • NZD lower now too 0.8163
  • Cable 1.5863
  • USD/JPY given back all of its early Tokyo strength, 79.45