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Germany’s Fuchs: EURUSD level is "reasonable"

Michael Fuchs, deputy leader of Merkel′s Christian Democratic Union (CDU) crossed the wires last minutes, via Bloomberg, expressing his views on varied topics.

Key Headlines:

EURUSD level is "reasonable"

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

Portugal Current Account Balance up to €-0.633B in July from previous €-1.42B

Portugal Current Account Balance up to €-0.633B in July from previous €-1.42B
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USD/CHF upside bias intact above 0.9530 – Commerzbank

In view of Karen Jones, Head of FICC Technical Analysis at Commerzbank, the pair’s bullish stance remains unchanged while above 0.9530. Key Quotes “
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