Nothing Seams to Be Slowing Traders From Buying Euros

We are always skeptical of the ability of the market to sustain a big move like this—of course we will see a correction on profit-taking and second thoughts.

But breakouts are important and must be respected, especially when they are in the same direction as the primary trend and in the absence of any convincing counter-trend Events. There is literally nothing Bernanke can say today to reverse this move.

Euro Pound was trading 0.7600 and against the US Dollar 1.5140 .

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