The USD is sharply lower against most major currencies after a terrible employment report. But will the USD continue lower or will its tendency to perform well in risk off markets eventually see it finding support? Round 15 of PIGS debt woes Euro Zone sovereign debt spreads jumped significantly wider again today on an article from Bloomberg discussing a document it obtained dated July 7 that discusses EU bank stress tests and the need for banks that fail that test to explain how they will shore up their capital reserves by the end of September. The document says that “governments should be ready to step in and help ... (full story)