Knot says no cash without conditions…makes sense.
I don’t have the first idea why the dollar and risk has reversed in the last few minutes.
We had some disappointment on Bernanke which helped the dollar and hit stocks but that has turned around and the Dow is up over 100 again and the dollar is soft.
EUR/USD now making fresh session highs…
1.2693 is the key level to watch, the high posted after the EU summit at the end of June.
