Gold may have slipped back below $1000 but the biggest percentage loss among the major commodities is oil today. Crude is down $275 or 3.85% at $69.30. Gold hovers just below a grand.
EUR/USD has stabilized around 1.4650 after shaking out s fair percentage of the late-covers to the EUR/USD party. There are still plenty of profits among EUR/USD longs out there and pain won’t be intense for another 2 cents or so on the downside.
