EUR

The euro weakened and the cost of insuring Greek and Portuguese debt rose to records as European officials failed to agree on a rescue plan for Greece. Stocks, U.S. index futures and commodities fell.

The euro depreciated 1 percent to $1.4303 at 7:10 a.m. in New York, while the Dollar Index snapped a two-day decline. Credit swaps on Greek bonds signaled a 74 percent chance of default within five years. Standard & Poors 500 Index futures fell 0.5 percent and the Stoxx Europe 600 Index slid 0.2 percent. Oil dropped 0.4 percent and silver sank 0.6 percent.

An emergency session of finance ministers ended with no progress on a new aid package for Greece, German Finance Minister Wolfgang Schaeuble told reporters yesterday. BNP Paribas SA, Societe Generale SA and Credit Agricole SA may have their debt ratings cut because of their investments in Greece, Moodys Investors Service said today. U.S. inflation probably rose and industrial output picked up, economists said before reports from the Labor Department and Federal Reserve

jacek.no scalps posis jus lookin at turn levels..but as digi says any long might be short lived..

if you connect 3 highs on 1 hr usd/chf....hit high channel line...so $ breaks out there or dips, as I expect..

si si...digi lil voice louder on euro
models short bu my bias north, perhaps wrong..

wud not short even if flat now

right now I am 'on' caffeine..jacek

not looking good.. cat's bot on the loose.. might thighten stop and reduce half at 4340..