Doesn't speak about monetary policy but EURUSD rallies anyway. The 1.1876 eyed.
The EURUSD has raced higher - breaking above the ceiling area at 1.1827. The 1.1846 target was also broken (now close risk). The next target is the 1.1876 level. That was the swing low way back in June 2010. Be aware.
The EURGBP has also moved higher but remains below the high at 0.9235. The pair has been consolidating and trying to hold a rising broken trend line over the last two days. The battle continues with that pair.