Featured \Nick Nasad \ 2:45 PM EST \ February 24th, 2010
The Dollar was weaker overnight as it consolidated its gains from yesterday’s session. Risk appetite rose briefly in NY morning trading as Bernanke testimony to Congress showed that the Fed will continue to prop up the recovery with low interest rates. However, the Dollar managed to pair its NY session losses vs. the Euro and other in afternoon NY trading.
JEliasof: $GBPUSD came w/in 5 pips of the 200-day SMA before reversing (a level it hasn't closed above since early Sept) ..all eyes on BoE APF #forex 21 minutes ago from web
EdMatts: Like to think calculated risk not balls.lol. either way its early days still for 12750 $DJIA lRT @dinnycal18: Thats a ballsy move Mr. Matts 26 minutes ago from TweetDeck
DavidJSong: $AUDNZD: Will be keeping a close eye on this pair as we have New Zealand 4Q Employment later today. Employment is expected to increase 0.4%. 33 minutes ago from Echofon
DRodriguezFX: Automated trading strats never going to have the same vision as human eye. Stop on that EUR psn is 1.3152, but no major levels there. 56 minutes ago from TweetDeck
DRodriguezFX: I like the risk/reward on a short-term EURUSD position here. Stop below morning low of 1.3242, initial target of range high of 1.3285. 1 hour ago from TweetDeck
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Daily Video Recap: Choppy Trading as Bernanke Says Rates to Remain Low
Featured \ Nick Nasad \ 2:45 PM EST \ February 24th, 2010The Dollar was weaker overnight as it consolidated its gains from yesterday’s session. Risk appetite rose briefly in NY morning trading as Bernanke testimony to Congress showed that the Fed will continue to prop up the recovery with low interest rates. However, the Dollar managed to pair its NY session losses vs. the Euro and other in afternoon NY trading.
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