• EUR/USD sees quick 30 pip slip as IMF’s Lagarde says Grexit from EZ a possibility-FAZ
  • EUR/USD down sharply to 1.0885 but recovers a bit
  • Good bids noted into 1.0870, if breaks 1.0800/20 eyed
  • She notes Grexit probably not the end of the Euro though
  • Says we’ve been sobered in last week after positive signals 10 days ago

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