Featured \Nick Nasad \ 5:19 PM EST \ March 10th, 2010
Positive data from China and a strong bond sale by Portugal helped increase risk appetite and boost the Euro against its rivals, while a weak manufacturing report hurt the Pound. Higher yielders were up for the day, with the Yen sliding as a result.
alaidi: Pretty much replicated $EURUSD shorts on Thurs nite as on Tue; results were the same, peaks at 1.32 back to hit 13080s targets #forex 5 hours ago from TweetDeck
kathylienfx: Co-chairs of Greek Creditors Committee flying into Athens this w/e - either tough decisions need to be made or a deal is ready to be closed 18 hours ago from web
JohnKicklighter: ...great quote from Sebastien Galy at Soc Gen in that article, “The SNB’s hand is being forced and it will likely be fairly brutal.” 18 hours ago from TweetDeck
JohnKicklighter: According to a good FT article on SNB political pressure for solid intervention, the options market is pricing in a 30% chance of 1.20 break 18 hours ago from TweetDeck
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Daily Video Recap: Chinese Data Helps Spur Risk Appetite
Featured \ Nick Nasad \ 5:19 PM EST \ March 10th, 2010Positive data from China and a strong bond sale by Portugal helped increase risk appetite and boost the Euro against its rivals, while a weak manufacturing report hurt the Pound. Higher yielders were up for the day, with the Yen sliding as a result.
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