Ya gotta love the Fed…One regional Fed president comes out one minute and says something and five minutes later another contradicts him…
Phily’s Plosser just said that the European debt crisis is a risk to the US, just shortly after Bullard said it ain’t no thang…
EUR/USD is getting whipped around, rising a little intraday one risk assumption but easing back the next…In the big picture, the dollar and stocks have shattered their inverse correlation.
We trade now at 1.3218.