It's a dangerous playing field out there right now. A minefield in fact

After an early wobble we've just seen anouther sharp rally in the euro as European bond yields have another run higher

German 10 year up to 0.95%

EURUSD takes out 1.1300 in a rush to post 1.1319 EURJPY140.54 near 5 month highs EURGBP 0.7367

EURCHF 1.0552 on 2 1/2 month highs

I did say earlier to keep an eye on bonds rather than Greece