Uncle Ti 88

Commitments of Traders Report - Euro FX - EURUSD If you are trading the EURUSD, are you following the commercials? They have been long on the Euro, hence they are expecting the Euro to come down in the coming weeks or months. They have been in that position since September 2011. Seems that there is still no confidence in the Eurozone at the moment even with whatever measures it is they are taking.

News just out that the US markets had a surge of 3% on Tuesday due to: 1) US data showing a surge in new housing start 2) Strong encouraging news on Germany's economy 3) Reports of a Greek deal with private debt holders Now is this a bear trap? And how does the other economy outside of the US and Eurozone doing? As of this writing (data from Bloomberg): TSX : +1.14% BOLSA : +0.13% BOVESPA : -0.42% TA 25 : +1.74% TOP 40 : +1.08% NIKKEI : +0.29% KOSPI : +1.15% ASX 200 : +0.47% STI : +0.91%