My dart throwing monkey is achieving better returns, she specializes in commodities and commodity currencies
The rally came as the dollar slumped 0.4% against the euro on speculation the European Central Bank is poised to raise interest rates to ward off rising inflation. "Right now the market is focused on the idea that a rate increase in Europe is imminent," said Phil Flynn, senior market analyst at PFG Best. "The weaker dollar is bullish for commodities, and that's what really gave us the boost." Crude oil, which is priced in the U.S. currency, often rises when the dollar declines. A weaker greenback makes oil a more attractive investment for buyers in other currencies.
it seems today price action is another EMA50 BASE Line trade day, 5 min chart - these currency related spikes hard to fight as there are so many interrelated hedge trading cases... http://bit.ly/gExno1