Fitch

 Euro – Is this the Recovery or the Calm before the Storm?

The Euro bounced sharply off of multi-year lows in a week of impressive recovery for the US S&P 500 and broader financial markets.

After Market Close

U.S. markets dropped more than 1% today as the euro fell off a cliff hitting a 2 year low until the afternoon when the euro regained its footing sending the U.S. dollar lower and equities higher.