Stops busted all over the place
The euro is up above 1.11 now and various dollar crosses are down around 200 pips. It's turning into the worst day for the US dollar in quite awhile.
On a day like this, there's no sense trying to be a hero.
The bond and stock markets are having fairly ho-hum days but FX is a complete mess.
The technical are in charge and there is no denying what the euro and Australian dollar are saying right now.
