Earlier this week I lamented the fact that we could only engineer trends in the forex markets that lasted a day. Now it looks as though they are barely lasting half that. EUR/USD is up to 1.4140 as US equities pare most of their losses. They are down less than 0.4% at writing. Looks like the market is going to have to come up with a new catalyst…1.4175 stops are suddeenly looking vulnerable in EUR/USD.