EUR

Britons, fear not - for a while. Merkel under siege of Goldman's Draghi. You may drive left hand for a year or so. But nevertheless practice right hand any time you can . I suggest rush hour.
To avoid that one way is UK leaves EU .
As well as Draghi has put Merkel under pressure so he did with Dr.Ben. If Bernanke does not respond then stocks short and EUR short is a good idea. Because it could turn out Draghi's was a verbal intervention with no ammu in the bazooka. I think however Draghi has figured that in. FOMC and ECB rate decision will be very difficult to trade. Eventually imho EURUSD will go much higher after a deep dip.

The euro pared gains versus the dollar in mid-afternoon trade on Friday as investors refocused on uncertainty about what actions the European Central Bank may take to stem the euro zone debt crisis.

The euro last traded up 0.1 percent at $1.2292.

It had earlier risen to a session high of $1.2389 after Bloomberg reported European Central Bank President Mario Draghi would favor giving the bailout fund a banking license and would meet with German's Bundesbank President Jens Weidmann.

ECB Spokeswoman, asked about the report of Draghi's meeting with Bundesbank's Weidmann, said it's usual practice for Draghi to meet with governing council members.

"Fundamentally, there's a lot of uncertainty and still a lot of unanswered questions as to how exactly the ECB plans to bring down sovereign borrowing costs," said Omer Esiner, chief market analyst at Commonwealth Foreign Exchange in Washington.

"To some extent, the rally in the euro and more broadly equities and risk assets had gotten a little bit ahead of itself."

remember my call EURUSD 1,27 by end of August? 100% free of chartastrology!

cud someone turn out the lights please..

Aye skipper --- nice. I had to laugh at the quick witted response from ye ole mon