And the boot in the Greek face comes from Jean-Claude Juncker who obviously has his marching orders from Die Frau:
- Juncker: I did not yet receive the required political assurances from" Greek coalition party leaders "on the implementation of the program - DJ
And to think if only Samaras had kept his mouth shut...
EURUSD sliding on the by now so very, very, very painfully obvious outcome of a Greek default. In other news, only 200 pips more lower until Stolper is stopped out. Again. We, for one, dread the day when we will no longer be able to fade the Goldman's head FX tactician's calls...