Not a thing on the wires.... a classic short squeeze underway

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Pop pop go the stops

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Wednesday's low still holds after repeated assault.... NY Options cut in 54 minutes.

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Political leaders meeting may be postponed till Tuesday according to Govt official, Troika meeting todaytoday... on the wires...

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Now being confirmed by Greek TV Net TV

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Because its a foreign language to me I didn't get it... I heard it verbally...

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Rumors ---- The meeting between the Greek PM and Coalition leaders that was scheduled for today ( to decide to accept further austerity measures demanded of Greece ) now postponed until Tuesday -- Source is a Greek journalist's Twitter feed and is ...

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Rumors touting around 1700 GMT for Greek announcement....

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Dow reporting Greek finance minister to make announcement 5:30 Athens time ************* Disregard incorrect rumor********** withdrawn***************** Just source comments that there will be an announcement later today..... see earlier post

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This story caused a lot price action when it hit the wires....

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There was no deadline... as posted 4 hours ago... CNBC just kept reporting it as if it were true... they are the worst source for FX news url

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Sarkozy spins the usual... no Greek Euro exit

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Sarkozy says no funds will be released unless decisions are taken by Greece

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Sarkozy and Merkel are at the microphone.

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Sources say Greek leaders are close to agreeing a cut of 20% in pay and other provisions ... the announcements f the Greek political decisions are likely later today.

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EU commission.. Decisions need to be taken ... ball is in the court of the Greeks

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Sarkozy and Merkel in joint spin.... I mean press conference next hour. I'll post the juicy spin.

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EU commission, " we are already beyond deadlines... "

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That's two runs at Wednesday's low only to get turned back. EURUSD, GBPUSD AUDUSD all near option expires ( EU 1.3050 ) for the NY cut at 10 am EST. There is huge financial interest in not letting price stray too far from the option expiries, but if ...

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Knocking on the door of Wednesday's low. Taking that out seems to make a test of the psychologically important level of 1.3000 in the offing.

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