Very dovish comments from the ECB’s Gonzalez-Paramao did not provoke any pullback in EUR/USD or EUR/JPY, prompting the remaining shorts in the market to scramble for cover. EUR/USD soared to 1.2980 and EUR/JPY made a fresh high at 119.47 after overcoming yesterday’s 118.90 high. Look for bids on dips to 118.90/119.00 now and at 1.2915.