The turns come quick in EUR/USD…Prices slide all the way to 1.3914 before offers were snapped up by real-money accounts and prices soon rebounded above 1.3950 level. Oil has rebounded as well and is back on the $71 level near the close of pit trading while bond yields have backed off a touch after brushing 4$. 10-year notes are now at 3.96%. 1.3975/80 is intraday resistance on rebounds while 1.3915 is support
The quick and the dead…
Source: www.forexlive.com
Read more...
Forex Fundamental Analysis 15-6-2009 | Financial 24
Forex Fundamental Analysis Euro-€ The euro moved sharply lowervis-à-vis the US dollar today as the single currency tested offers around the US$ 1.3755 level and was capped around the $1.4000 . Financial 24 | Financial News -...
Hedge Funds Fall Short of Incentive Fee Level
According to the Financial Times, more than two-thirds of hedge funds are below their high-water marks, the point at which they are able to...
Cable opens firmer in Europe
Cable is at 1.6410, up from a North American close Wednesday around 1.6350. The pairing is benefitting from a generally weaker greenback, strong risk appetite, and hope in certain quarters that the UK recession may have ended in March. On the last part, I hope they’re right, but am certainly...
Forex Technical Analysis for 06/08—06/12 Week
EUR/USD trend: sell. GBP/USD trend: hold. USD/JPY trend: hold. EUR/JPY trend: sell. Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd...
USDCHF’s bounce extended to 1.0639
USDCHF’s bounce from 1.0394 extended to as high as 1.0639 level. Further rally is still possible later today and target is to test 1.0675...