In trading on Friday, general contractors & builders shares were relative leaders, up on the day by about 4%. Leading the group were shares of M...
Friday Sector Leaders: General Contractors & Builders, Home Furnishings & Improvement Stocks
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EUR/GBP bottoming out at .8730
The market is deciding which way now for the pound after the European elections. It seems that indecision is the overriding sentiment and this is in turn bad for sterling; if in doubt, sell. EUR/GBP is up at .8775 after opening at .8745 and there is a bottom forming on the hourly chart at .8730. As...
USD/JPY order book
Heavy sell orders yesterday in USD/JPY between 98.60/80 did not get filled and these offers may move lower today. Some dealers are expecting the sellers out of Tokyo to place their orders around 98.10/25. Solid bids are still noted at 97.50 and especially between...
Pound at one-year high on trade-weighted index
Sterling has gotten a strong boost from signs the UK economy may have dragged itself from recession in the last months. But the pounds strength against its trading partners could not come at a worse time. The eurozone continues to struggle and UK exports to Europe could price themselves out of...
Euro Show Gains as ECB considers Loan Allotment
By TraderVox.com Tradervox.com (Dublin) - The euro has strengthened against the dollar towards a three month high as the European...
Real money active on latest dollar slide
Dealers note strong buying of cable from the 1.6550 level all the way up through 1.6600 and the pound remains underpinned.The demand seemed to come under duress, traders say. This means the buyer really wanted them cheaper but was forced to pay up to cover his exposure, just like us mere...