A U.S. stock rally evaporated abruptly Thursday as a strengthening dollar sapped gains in commodities and related shares, largely overtaking bullish sentiment that came with upbeat results from the retail and technology sectors.
A three digit gain was evaporated into a mere 5 points gain.
While Euro dipped below 1.3300 and stayed below. 1.3200 is a viable target now. Nearly 2000pips drop from 1.5150 since Nov 09.