“The market is weird. Every time one guy sells, another one buys, and they both think they’re smart.”
Hello. It’s been a wild day: the euro declined below support at 1.3750, retesting last week’s lower levels on Trichet’s less-hawkish statement. We’ll see tomorrow if this 200-pip decline ahead of NFP was corrective or not. Here are some interesting reads for today:
Bernanke says recovery appears to have strengthened and defends Fed’s bond-buying program
Dollar rallies after ECB’s Trichet speaks
Very Rare Old US Dollar Bills (22 pics)
Enjoy
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