The euro is losing ground for a third consecutive session. It is the longest losing streak since the middle of October. The Great Graphic here, created on Bloomberg, depicts the euro since the beginning of last month. After falling in September and October, the euro trended higher in November. It peaked on November 27 near $1.1960, just shy of the lesser used Fibonacci 76.4% retracement (~$1.965). Through November the euro trended higher, which is shown with the white line. That trend line intersects today near $1.1840. The trend line was violated early in the North American session and follow-through buying has ... (full story)