Stocks weighed following slump for First Republic Bank nL1N36T0MO

Apr 26 sees EUR/USD rise 1.0960-1.1055 EBS

Traders have staked over $22 billion that EUR/USD rises

A rally is the opposite to what would occur if traders were risk averse

Paring risk is the first move to make if you are worried

You don't add to a potentially crowded bet in a risk averse situation

That many traders are making money would heighten likelihood longs pared

It's easy to take a profit and wise to do so if situation less certain

That EUR/USD is rising is evidence of a growing will to gamble

U.S. equities point to a positive future for FX markets nL1N36T0KC

The dollar index tells you little about the dollar nL1N36T0V6