The Euro Continues to Climb as Merkel and Hollande Discuss Spain and Italy

Merkel and Hollande will hold a phone conference to figure out how to solve Italy and Spain’s debt problems. A report in Europe is suggesting that there will be bond buying by the ECB for the troubled countries. This is largely assumed from yesterday’s comments by Mario Draghi.

So as a result stocks, commodities, the Euro are moving higher.

Euro ,

Merkel and Hollande discussion