The US dollar's gains have been extended against most currencies today, with the Japanese yen as a notable exception. Global equities have followed the slide in North America yesterday.  Bonds, even in the periphery of Europe, are mostly firmer, with the exception of Italy, where there is a certain amount of anxiety ahead the weekend election.  Turning to the price action, serious technical damage on the foreign currencies is being inflicted.  The euro is falling through the uptrend drawn off last July (Draghi-induced) lows.   It comes in just below $1.3200 ... Read More