Daily Market Wrap: January 23, 2012

Source: feedproxy.google.com

Stocks took a breather from last week’s rally as investors were cautious ahead of a possible Greek default. But we are in the midst of earnings...


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  • EUR/GBP retains bid; sell orders noted

    EUR/GBP sits at .8585, retaining it’s earlier bid-tone. As mentioned previously a large hedge fund has been a notable buyer of the cross today. Sources now report option-related sell orders lying up at .8590/00. I’d hazard a guess they’ll also be some stop loss buy orders...

  • ZuluTrade Adds French Language Support

    Well, what do you know, looks like the folks at ZuluTrade added French language support as well. When I made my previous post I missed the little French flag at the top so I ended up posting only about Spanish & Russian language support - my bad. Anyways, just thought I’d let you know in...

  • US Dollar Declines Against Majors; Now At 1.1610 Versus Loonie

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  • JPY firms in Asian trade

    The JPY has seen across the board strength in overnight Asian trade, with a pick up in caution evident. USD/JPY is down at 94.00 from a North American close Monday up around 94.50, while EUR/JPY is down at 134.50 from around 135.10. Chinese stocks have been hit again. Yesterday’s cautious...