Has fundamental reasoning broken down for the euro?

The dollar is losing its fundamental foothold, and growing increasingly dependent on sentiment trends for strength.

There was a clear skew in the euro’s performance across the majors this past week.

The economy's pace has eased off of its initial recovery phase, but the transition to stable and permanent growth is vital.

The situation in the European Union has not improved materially over the past three weeks.

The impressive rally the dollar has forged over the past six months is coming up to another critical point of speculative, fundamental and technical reflection.

From a purely speculative standpoint, the euro looks as if it is in a good position to post a recovery.

Sovereign debt risk has taken over for fundamentals to leverage a dollar rally.

With such an intense focus on the financial stability of European economies, there may seem little need of economic data.

Is the euro on track for a fundamental upswing? It may seem absurd to suggest a currency that is facing an internal financial crisis and has summarily been relegated to the lower echelons of growth and interest rate expectations is preparing to mount a charge.