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EURUSD Collapses On Report Eurozone Considering Delay Of Greek Bailout

EURO ZONE FINANCE OFFICIALS CONSIDERING PROPOSAL TO DELAY ALL OR PART OF GREEK BAILOUT YET STILL AVOID DEFAULT-EU SOURCES

Yes: Europe suggests it may be best for Greece to be partially pregnant... er, in default. But all will be "controlled" - promise. We were a little generous in our estimate for the halflife of the Chinese bail out rumor. Either way, EURUSD plunging down to under 1.3070 on the news.

http://www.zerohedge.com/sites/defau...D%202.15_0.jpg

http://www.zerohedge.com/news/eurusd...-greek-bailout