Euro Skids To A Four Month Low Of 1.2767 To Dollar.
The euro fell to a four-month low as the official response to the Cyprus crisis has undermined confidence.
The Dollar Index is making fresh highs on this most recent move and is back to its June 2012 spike. A break above 84 will take the Dollar Index to a multi year high.
The Dollar, it seems, is going through a character change, rallying on both good news and bad.