The EURO

Quote from fx255:

there isn't that much reason for this bullishness

There is one serious reason.
Reversed flow for the 3rd quarter.

Historically speaking it was allways followed by the weak dollar period.
 
Quote from agin1415:

Yeah, on 5 min tonight, and using the GBP/USD as an index, its seems to lead the move on the EURO.

Didn't realize that. Was curious and overlayed the GBP and EURO. GBP is a wildman compared to EURO.
 
Quote from Kastro_316:

What was the main cause of the sudden rise in the EUR/USD?

-Kastro

Yeah, that was a real account closer there.

No, I was not short THANK GOD!

The Euro was flat all during the early morning hours, and it could have gone either way.

It must have been News, but what news?::eek:
 
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