EUR Shows Signs Of Strength This Week

From marketpulse.com

NFP did surprise, completing a week of whipsaw data - softer than expected GDP report followed by very strong employment data. However, the bigger surprise was the dollar weakening despite crushing many expectations. In the end the unemployment headlines being stronger has not been enough to change the tune that capital markets have been playing for sometime. If anything, it confirms that the weather-related bounce back is happening. The key to the "buck's" weakness lies with the Fed. It's going to take some time to gauge the underlying performance of the economy - buying Yellen and company more time and with wage ... (full story)