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Stocks go nowhere but the Euro lifted its head even as bonds rallied

From vantagefx.com

Last night was a great night to highlight that technicals and fundamentals need to be part of your trading toolkit. After moving above 1.32 the previous night the Euro came under intense pressure in Asian trade yesterday hitting a low around 1.3150ish. But from almost the minute the first traders wandered into the dealing rooms of the Northern Hemisphere the tone changed and it rallied to a high of 1.3210. Not a huge move of course and certainly not move that threatens the longer term trend toward a lower Euro but if you were watching your short term charts you could have ridden it.   On the daily charts the Euro ... (full story)

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