EUR/USD has broken into fresh territory, triggering stops above 1.4660 and rallying as far as 1.4678. 1.4700 barriers are rumored while 1.4720, the December highs are the next stumbling block on the topside. Beyond that is the 1.4865 high put in the week after the Lehman and AIG fiascoes filtered through the markets.
Risk-on seems to be the general theme as equities rally to new highs for the move, albeit at a measured pace, and oil adds nearly $2, trading at $70.73. Gold is higher as well, at $1007, nearing recent trend highs as the dollar resumes its broad slump.