Apparently, the sluggish start to the year's market opening encountered some action as the EUR, GBP, and AUD rallies stalled considerably, and the yen gained on both the dollar and the euro. As the European market climaxes and the Americans start to wipe the sleep from their eyes, it appears that yesterday's rallies will resume.
In other news, I watched the news all night as Ron Paul led in the Iowa Caucus by 24% at most times. As the night drew to a close, the lead flip-flopped with Santorum slightly ahead of Romney and Paul left in the dirt at that time down to 22%. With only one county left to report, Santorum led by close to 1,000 votes yet when I wake this morning, news around the world pronounced Romney the winner. What happened?
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