- Believes it will be shown that the Irish banks are solvent
- Govt needs to improve its communications
- May need help from international, European colleagues
- Important to get terms and conditions of any assistance right
EUR/USD has seen acclerated gains. Seems as though breach of 1.3610 was significant (as mentioned in side comments) and we’ve rallied quickly to session high 1.3655, presently at 1.3640.
More stops noted through 1.3660.
Cable has duly tripped stops through 1.5950 rallying quickly to 1.5974 session high, presently at 1.5960. As mentioned earlier more stops seen through 1.5980.