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EURUSD is set to close the week above the 55, 100 and 200 week moving averages, highlighting the currencys technical ability to defy technical challenges in the face of the worsening Greek debt mess. We long speculated on the seriousness of the US Budget deadlock, which helped distract markets away from the Eurozone issues. Interestingly, Fed Chairman Bernanke damaged the USD on Wednesday by highlighting the implications of a US loss of its AAA credit outlook. On Thursday, however, realized he had to stabilize the US currency by giving lip service to inflationary dangers. But this was interpreted negatively by the markets to mean that any QE3 is far from imminent. See our Friday's morning PREMIUM TRADES here: http://ashraflaidi.com/products/sub01/ CLICK HERE to JOIN http://tinyurl.com/64k24pc