Featured \Nick Nasad \ 4:12 PM EST \ April 30th, 2010
The Euro rallied for a third session as it seemed that Greece, the EU, and the IMF were coming closer to concluding a multi-year aid package. In NY trading, news that a criminal investigation was opened into Goldman Sachs soured the mood following a good GDP report, causing higher yielders like the Aussie and Loonie to slide heading into the weekend. Weaker stocks in London pressured the Pound.
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 17 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
JohnKicklighter: That's a hearty drop in net dollar long interest from the COT figures. Good indicator for establishing a time frame for dollar's tumble. 18 hours ago from TweetDeck
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Daily Video Recap: Euro Rallies, But Goldman News Weakens Higher Yielders
Featured \ Nick Nasad \ 4:12 PM EST \ April 30th, 2010The Euro rallied for a third session as it seemed that Greece, the EU, and the IMF were coming closer to concluding a multi-year aid package. In NY trading, news that a criminal investigation was opened into Goldman Sachs soured the mood following a good GDP report, causing higher yielders like the Aussie and Loonie to slide heading into the weekend. Weaker stocks in London pressured the Pound.
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