David Fuller's view This afternoon I opened a short in EUR against the USD (weekly & daily), feeling that the European currency had corrected a short-term oversold condition and could weaken against the US dollar if so-called risk assets commenced a reaction and consolidation phase following their good run since mid-December. I sold the Euro at €131.121 and €131.362, including spread-bet dealing costs. The risk with this trade is that I am early.