Greece can only manage until end November without aid

Samaras on reuters said they can only manage until end of November without release of next aid tranche to Greece.

That's a bit worryng.

Dissapointed with Spanish bond auction

Better bid to cover ratio but poor clearing level. Pressuring the EUR at the moment.

Hear good offers in EURUSD at 1.2940-50 level

Been told there are sellers in that region. I think the market would probably try those levels. If its really offered, we will see eurusd retrace from there and then test the lower support level at 1.2880-70.

Any one of you have any views?

EUR JUMPS

EU to Approve Nationalized Spain Bank Plans in Nov, Guindos Says

Solid bids in eur. Disappointing euro data

Pmi was generally disappointing. I have just squared my long eurusd and turn short instead.

I am looking for a break in eurusd at 1.2870. If we break there, we should see
Eur being under pressure.

Spain sept services Pmi 40.2

The forecast was 42.5... Lowest since nov 2011... Data not getting any better

Heard macro name sold eurusd

Macro funds sold eurusd down about 10 pips.

Support will be at 75 level. Would turn short if it breaks 1.2870.

Any thoughts?

Demand in EURUSD below 1.2900

Heard large clip of Eurusd was sold and we saw the sudden drop of 5 pips.

But was told that demand was strong below 1.2900. Pushing the pair back up.

I am long eur and hopefully it goes higher from here.

EURGBP order

EURGBP has hit a high of 0.8004. Hear there is little offers in the market until 0.8100. We could possibly see Eurgbp moving even higher from here.

UK Pmi's haven't been too good this week. Numbers have been coming out before forecast.

With ACB selling GBP, I think good chance eurgbp moving higher.

The story where spain said that they wont be asking for help this weekend

http://www.europapress.es/nacional/noticia-cpresidentes-rajoy-nego-anoche-barones-espana-vaya-pedir-rescate-fin-semana-20121002100152.html