While this recent run by the euro may be a bit overdone and price has stalled slightly ahead of the 1.2500 level, traders need to be very wary of this pair as the reaction to stress tests, positive or negative, could send it rocketing in either direction.

FORBES: Broad Dollar Weakness Lifts European Currencies

While I think this could still be a solid area that could stymie further upside potential, the reaction off this zone has not been overly convincing and the pair seems to be finding support near 1.3060 which could act as a launch pad to move higher.

FORBES: Loonie Locked In Tepid Tango With Greenback

Cleverly, Mr Schama seems to pair each of these active forces with its equal and opposite reaction.

ECONOMIST: The American future