Reuters reports the spread between 10year benchmark German yields and Greek yields have widened to 256 bp today, their widest in a month. They are 20 bp wider on the day. The wider the spread, the more Greece has to pay to fund itself…
EUR/USD is dipping, now at 1.4545 with the Greek jitters a likely source of incentive for intraday longs to book profits.
UPDATE: Traders report another round of Asian central bank buying but the market is not going up, around 1.4545.