SpotEuro Forex Daily Outlook November 9, 2010

A quick update for today. We're continuing to see volatility, which means the market may turn around at any point. We favor a dollar rally but would like it to be confirmed. Unfortunately, the QE2 reaction is going to remain one of the main factors pressuring the dollar. If we see a pullback, we'll consider going short euro. Looking for confirmation of a sustained dollar rally.

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[sugarboy7]

i reckon the euro will just follow where the s&p will move.