• EUR/USD touched the highest since early Sept, but only by a couple pips at 1.3959. Could be toppish, but most likely some indecision ahead of tomorrow’s meetings.
  • Same thing in GBP/USD
  • Some negative moves in commodity FX but nothing entirely convincing, yet.
  • USD/JPY bares close watching. It’s telling me that QE3 talk is having an effect.
  • Gold is the one chart that raises the eyebrows today.