Telegraphed, orderly and one direction – investors will take it. In fact they will take anything with a pulse that capable of breaking the confines' of range trading. The 17-member single currency for too long has been floundering, waiting for investors to be either fundamentally or technically vindicated. The market seeks extended momentum one-way or another to allow them to get more involved - a basic ingredient that has been missing in the forex space this quarter. The surprised upbeat assessment delivered by the Fed mid-week on the US economy has weighed on the "non-taper" psyche of investors, very much hurting ... (full story)