Michael Fuchs, deputy leader of CDU speaking to Bloomberg 20 Sept

  • Italy can live with current euro level
  • situation in Greece not stable yet
  • more positive on Europe than a couple of years ago
  • a little worried about France, hopes for reforms

EURUSD currently 1.2012 underpinned still with large option interest at 1.2000 but failing into 1.2025 again.

Fuchs - EURUSD level is reasonable

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