Euro Breakout

Comments from various parties as euro strikes two-month high against dollar:

"We've seen this breakout and it's not just a function of dollar weakness but it is also supported by genuine euro strength."

"We are near a point this month that could see the early arrival of the weak dollar trade."

"There's still appetite from central banks around the world to continue to diversify out of dollars."

"Probably there will be an expansion of the current range that we've had -- $1.19 to 1.22 -- we could probably trade as high as $1.23, but before the payrolls report on Friday, I don't think we'll see too many more gains in the euro."

"In the second half of the year when the Fed is done, we'll see some real pressure on the dollar. We're looking to sell more dollars.''