Hungary’s economic situation is stable and recent comments about a possible default were “unfortunate,” the government said, pledging to stick to the budget deficit goal approved by the country’s creditors.
Haven't you ever wished you could take back something you said in haste, even though you knew it was true? I've been there. It hurts to realize that what you just blurted out in a moment of clarity and honesty can't be un-said.
All of this bad European news is certainly good for the dollar. Uncle Sam likes it too as long as it makes Treasuries easier to sell to the nervous and gullible.
