Warren Buffet gave the old Euro a nudge today in the lower volume environment.....he picked the perfect time when the American traders were all sleeping and fat on turkey....LOL!Quote from romik:
Funny thing is, all those news are already in the charts. 1.2979 (Eur/Usd) resistance has been 'screaming out' to be broken and it finally popped. I was uncertain this morning which way to take the trade, but as soon as price has broken through that resistance level, it was pretty clear that the odds are in favour of traders long Euro.
BTW I recall B1S2 mentioning that whenever Euro FX climbs S&P tanks and vice versa. I think Euro has led today, S&P decline followed.
