- Expects to agree on 9% core-tier capital requirements in Europe
- banks don’t trust each other at the moment
- Upcoming Eurozone summit won’t present a final solution for Eurozone debt crisis
- Other countries under pressure from Financial markets must take necessary decisions
EUR/USD’s slipping back on these comments from around 1.3900 to 1.3870
UPDATE: Trailing sell stops now seen through 1.3850.