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
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The quick and the dead…
June 10 2009, 9:28pm | Comments »
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