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Forex: EUR/USD Refuses to Break 1.2750 as QE3 Taper Fears Cool
3:46am today (John Kicklighter, Chief Currency Strategist)
The panicked response from the S&P 500 and surge from the dollar to the QE3 taper warnings from the FOMC minutes and Chairman Bernanke shows the market is sensitive to market-wide risk trends. »
US Dollar, S&P 500 Take Initial Steps to Downward Reversals
3:39am today (Ilya Spivak, Currency Strategist)
The US Dollar and the S&P 500 have taken preliminary steps toward bearish reversals but confirmation of concrete downward follow-through remains elusive. »
