Either Greenback or EUR/USD Rally Must Surrender

 
More at http://daily20pips.blogspot.com/2013/01/catwalk-with-miranda-kerr.htmlThere was an unusual contrast this past week where the EURUSD advanced to its highest weekly close in 11 months at the same time that the Dow Jones FXCM Dollar Index (ticker = USDollar) ended the period at a 6-month high. A positive correlation between the world's most liquid currency and most heavily traded pair is extraordinary. And, 'extraordinary' doesn't last in the markets. Therefore, one of the critical questions facing FX traders is whether the dollar's individual strength or the EURUSD's striking rally will break first.