DislikedConsidering the DOW is up 300 points and the Euro is having a tough time keeping its gains, I wonder if the risk-on buy the Euro trade is finally starting to decouple.Ignored
Only when MM central thinks it can take believers in correlation for a ride!
Consider what it costs to shove the S&P one way or the other compared to E/U ... ah the possibilities for mischief!
Ditto for the less liquid ccy pairs.