Wednesday, February 8, 2012

Risk Off As ECB Says Rumor Is Actually Not Fact

But, but, but...

ECB NOT YET DECIDED ON WHETHER TO CONTRIBUTE TO GREEK DEBT RESTRUCTURING - EURO ZONE SOURCES

The V-Fib pattern formerly known as the EURUSD not happy.
EURUSD on the news:

More from Reuters:






European Central Bank policymakers are still divided on what contribution the ECB could make to a restructuring of Greece's sovereign debt, two euro zone monetary policy sources said on Wednesday.

With private creditors having already largely agreed to write down the value

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