Euro, is it too low?

If you had trigger ur PT level last nite when the dol,ar against yen was at the 100 level kudos and congratulation, with the dollar pulling back so much are we looking at a short term rise in the euros, they are holding back fairly well at the 1.35x level and gold i might say dint not disappoint many traders last night, however commodities remain the concern and natural gas is looking very interesting so is crude oil.

 Fellow blogger Dali mentioned and it strike me that with all the bad news around destroying the demand and the excess supply we are still seeing oil at the 88-90 levels, it shows that it has outperformed itself , anyways there is nothing much which i can continue pressing on the economy outlook, the only thing  i can say that it is up to the new president of america to steer the country out of a recession(inflationary one). Deflationary asset prices are most likely being floored at this few months and i might even consider buying some myself, as the feds are setting a bottom, they wont sell to u at any price lower than they bought!

They have the holding power as long as we are seeing headline that china is buying treasuries, the onli reason is to keep their currency controlled and not appreciating at a higher rate. Trading FX is fun, tiring, intense but at the same time luck bound sometimes. Good luck