so that is reason for 190 pips EUR move up? it wasn't obama but market new for this deal so kept moving...
And now it looks like the Greece drama could drag on... until 2016
The Greece situation probably isn't going anywhere anytime soon. A report from The Wall Street Journal on Monday afternoon said Greece's international creditors have suggested extending its bailout program until March 2016. Citing three people familiar with the negotiations, The Journal's Gabrielle Steinhauser reports that as part of an extension, Greece would get access to €10.9 billion that had been set aside to recapitalize weak banks. One source told Steinhauser, "What we offered would mean that Greece is fully financed until March 2016." Most recently, Greece and the IMF agreed to bundle the country's ... (full story)