This morning, risk looked risky. This afternoon, it looks zippy. All the cool kids are buying stocks, commodities and currencies. As we’ve seen before, however, the risk swich can be flipped off at a whim, so don’t get married to positions. Be quick or be dead. EUR/USD trades at 1.3983, oil at 59.84 (from lows in the $58.35 area). Session highs for EUR/USD lie at 1.3992.