Euro price action confusing at best. But isn't it always?

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Euro price action confusing at best...But isn't it always? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Greetings!

...There is no doubt the stuff I just talked about is what we know. And what we know is usually already embedded in the price, to a large degree. It's the stuff we don't know--money flow underneath the surface in a dynamic system with free-flowing capital across borders-that ends up confounding us. Regardless of what the headline fundamentals read in newspapers, prices are moved by real people moving real money for lots of reasons we may learn after the fact or never. This is one element. Surprise is the second element.

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Currency Currents 17 August 2013 [http://www.blackswantrading.com/storage/currency-currents/081713%20bscc%20euro%20price%20action.pdf] ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

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This is our flagship newsletter, Currency Currents. Multiple times a week we're committed to bring you a unique perspective on economic, financial and political news that is having, or will have, an impact on world markets. As always, contact us [mailto:info@blackswantrading.com] if you have questions. Sincerely, Jack Crooks President & Chief Trading Officer Black Swan Capital ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

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REALLY? SHOULD TODAY'S CHINA NEWS BE [http://r20.rs6.net/tn.jsp?e=0010Ak0v-UevRjUi-t7VtzkjEQA4LlSTeLXlryua4T-zAYVhHZJnOlGkvhJQmBVcBKmsTzeQ3IY2Lz4UsI_5qNvR5oVwTz_ItW1akfxzsR05nXNEUsc1fU8vSSth3zLuDwuICbEJr2qElR3cgYa6ozerC35O9TyeU11zK_IzqONREnvaxXsDaRWShyWOfSLZ1KqiqiEnybcwFm4jVNHUZG00OGrLMaLxaKILvuGHIAGJi_R18ALhi4fWw==] REASSURING? [http://r20.rs6.net/tn.jsp?e=0010Ak0v-UevRjUi-t7VtzkjEQA4LlSTeLXlryua4T-zAYVhHZJnOlGkvhJQmBVcBKmsTzeQ3IY2Lz4UsI_5qNvR5oVwTz_ItW1akfxzsR05nXNEUsc1fU8vSSth3zLuDwuICbEJr2qElR3cgYa6ozerC35O9TyeU11zK_IzqONREnvaxXsDaRWShyWOfSLZ1KqiqiEnybcwFm4jVNHUZG00OGrLMaLxaKILvuGHIAGJi_R18ALhi4fWw==] ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

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