EUR/USD Down Friday Morning

Europe's Euro Currency, EUR/USD is trading at 115.89 down 0.0047. Trading is extremely choppy. Chatter is about ECB policy and possible ratings agency updates on Germany and Greece is being talked about. Moody's may publish rating update on Ireland during the U.S session. Greek Banks are were nearly 5 % in Europe in early trading. Lots of Talk from ECB officials about QE and chatter about the France terror situation is in on the table. EMU the core inflation was revised down from +0.8% y/y to a preliminary +0.7% y/y. IFO Data in Germany came in at 101.4 from 101.1 Current conditions were 109.8 from 110.0. Chatter about the fall out from the SNB move yesterday persists and some Forex brokers are in financial trouble.