Hilarious Day Continues, As Euro Jackknifes On New Euro Bailout Details

The crazy day continues.

Earlier the euro plunged on news that a “selective default” was on the table for Greece.

Now? It’s jackknifing on reports that the European Financial Stability Fund will be given leeway to intervene in secondary PIIGS debt markets.


NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.

Tagged In

euro moneygame-us