And now it looks like the Greece drama could drag on... until 2016

so that is reason for 190 pips EUR move up? it wasn't obama but market new for this deal so kept moving...

The reason is that noone cares about Greece, FED or whatever. We are in long accumulation zone. It is not easy to reverse billions or even trillions of USD in one move, so they need some time and moves like todays one.

Just because some "international creditors" suggest something does not mean it will happen. But assuming it did, 1B of 10.9B would be gone in less than 4 weeks. The reminder would be to pay for payments through march, which comes out to more than 1B per month. Then what, they are 310B in the hole, as opposed to 300B? This could go on indefinitely. But this money is supposed to be a reserve for the banking system. So they suggest making one segment of the economy weaker to make one entity even weaker? Brilliant. At the end of the day, it's all about who can convince whom to give up money so the former can get paid. But Greece has already missed a payment, a default. It's all theatrics.

Euro will enjoy the quarter now. Specially when there is no panic from eurozone and No news from Fed. All in all Fed is never interested in bring dollar up for more respite.

Euro buyers move today due to just rumors about some creditors who offer to extend the bailout for Greece but once all these rumors are gone and the actual news get confirmed ,maybe we will see the bears selling EURO aggressively .(buy on rumors sell on news.)

USD/JPY down for about 100 pips. Like in most pairs USD is down for about 100 pips. Greece again?

No no matter what happened in greece or Obama say or not say the dollar is too strong, in USD/Jpy was only a stop hunt the y hunt first barrier and second hit at 124.50, like the eur, there are (i guess) only banks that try to regains money that have pay in fine for manipulation. It's comic, so i hope that who was in the wrong side would have the money for cover the margin. Never before you can see a currency that gain 1.9% like E/U almost everyday in the last week.

Read Aristotle on Causality

If they pump EUR/USD to 1.138 during asian session, look for a false break-out pre london to sell for a good 60 pip profit.\ I call it the "London Bridge (is falling down) Trade"

and then go long again in US session. add more size when price breaks 1.138 for second time targeting 1.148