Euro Pulls Back Despite Cyprus Outlook, Gold Drops Back

S&P may have raised its outlook on Cyprus to stable from negative and the FOMC issued their minutes ahead of time, but USD strength and godl weakness are moving in tandem. We added a new edition of the Premium Insights, focusing on yen weakness ahead of next week's G-20 meetings. We issued trades on USDJPY, GBPUSD, AUDUSD, EURJPY and USDCAD. Both EURUSD tradesd remain in progress. Gold, silver, oil and EURGBP will be updated in the evening alongside new charts to back up the latest Premium Insights.