Wow, the rally in EUR/USD has been absolutely explosive.
In a very short amount of time, it has almost completely retracted its fall. I don't think this has very much further upside, if any; therefore, I am buying puts on GDX at these levels.
As for oil………..looking at OIH, it's pretty amazing how it has barely budged. If this kind of action in EUR can't move energy higher, I don't konw what can.
