The Euro is making some moves right now How is this possible for the market to be open this early ??????
The reason for the early move........ http://www.bloomberg.com/apps/news?pid=20601087&sid=aXeialq035Lo&pos=1
That's another story, but I was looking at those calls on Friday thinking of buying them, but stayed away....
That's what the desperate EURO longs were rumor-peddling......... http://www.bloomberg.com/apps/news?pid=20601100&sid=a6gNDQN72GD4
Having taken out the level we were at before the fed rate move(1.362), looks like we're gonna be ranging a bit before the next plunge. Wouldn't be surprised to see it touch or pierce the upper channel on 4hr chart at 1.372. There's also the record short interest(cftc data) so a short squeeze spike is in the cards. Bigger picture Euro is still toast b/c Fed will be raising rates before the Euros could.