The U.S. jobs report came out this morning and missed the projected number on the low side. However, bond prices declined and stocks rallied! The Nasdaq futures even hit an all-time high today before reversing lower ever so slightly. We are in a highly powerful bull market in U.S. stocks.
The euro currency has significantly appreciated against the USD this year and the trend, to me, is showing no signs of reversing. I believe 1.22 is the next major target, which is about 3% above current exchange rates.