EUR/USD just punched through 1.44. I suspect this is a set-up, get everyone on board on the Euro higher elevator before the "vote of confidence." I don't care which way the vote goes, I suspect there is going to be a huge WHOOSH lower on the EUR/USD, I mean a violent one following the vote. I could be all wet on this....I've just seen this crap too many times where something doesn't make sense and you find out later why - FX manipulation!! Be careful out there.
sell news? I agree. Things seem fishy. Way too much optimism. The irony is a Greek bailout would be short term bullish for Euro, but long term is very negative. Markets have no concept of reality
few more weeks I believe. QE3 hasn't even ended yet. Jackson Hole for sure!