Full story here from ZeroHedge. Gads, now the French are getting the boot. OK, here’s some fun French-bashing (you know you want it!). More euro-news here, there and everywhere. And Angela Merkel is Frau Blucher.
The country that Zero Hedge has long claimed is the glossed over black sheep that will take down the core of the eurozone is about to be downgraded. At least that’s the case according to the latest flurry of market rumors. EURUSD now moving 10 pips with each trading block… and not higher. Look for support somewhere in the mid 1.23s.