Stocks, commodities and the dollar continue to dance together. The S&P is within two points of trend highs around the 1184 level and the CRB is close to 300 again.
EUR/USD is trying to edge above the 1.3995 level (50% of 1.4160/1.3830) and get to the stops above 1.4000. Above 1.4030 and it looks like the EUR rally will want to retest Friday’s highs.
I don’t think I’m alone in my astonishment at the strength of the EUR rebound today…
