Forex Anyone planning on trading EURUSD today?

7:30 a.m. CST The EU is setting financing rates, and having the meeting the exact same time that the US is delivering retail sales. First off, it's freaking Christmas so those numbers are likely to be big, versus Europe who has rioting in France over what? Taxation. Not a slam dunk, but my ears are definitely perked. I'll probably know by 7:15 which way to trade.

On the other hand, the USD is reaching it's max levels in the stock market, bound to fall at some point, the news IS bad for Europe and good for the US, which always makes me suspicious of how the market will react. This could end up being the catalyst that kicks off the (i believe) up and coming uptrend or the shakeout prior to.



Thoughts? Just meadering as I watch EURGBP slide down.

Source.