Risk correlated trades remain in demand as news wires have reported that German Chancellor Merkel and French President Sarkozy have found a joint position on the second bailout for Greece. EURUSD traded up to 1.4295 while EURCHF - our barometer for the EU sovereign crisis - climbed to 1.1749 before retracing slightly. Today is the critical EU summit, which is tasked with finding a solution for... ...More...


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