The Euro is getting smoked and the Dollar has been wrecking the other world currencies and metals.
I do not think the ECB really “knows” what they are doing and I think they will continue the path of planning to taper in the next 6 months. If you remember last time when this was hinted the Euro spiked. Most people believe that more QE will cause the Euro to spike, that did NOT happen last time.
So, we play a system of risk reward and where we think prices will gravitate towards next. These are my thoughts below.