Featured \Nick Nasad \ 6:16 PM EST \ November 24th, 2009
Currency pairs traded within their ranges from yesterday, though the Yen did break a level of support against the greenback. Data today showed the German recovery on track, while US GDP figures showed the economy growing less than initially reported in the 3rd quarter. US consumer confidence data surprised on the upside, while housing prices improved.
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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 7 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 20 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.” 21 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 21 hours ago from TweetDeck
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Daily Video Recap: US GDP Revised Lower, Stocks and Commodities Down
Featured \ Nick Nasad \ 6:16 PM EST \ November 24th, 2009Currency pairs traded within their ranges from yesterday, though the Yen did break a level of support against the greenback. Data today showed the German recovery on track, while US GDP figures showed the economy growing less than initially reported in the 3rd quarter. US consumer confidence data surprised on the upside, while housing prices improved.
Watch the video above or click here and leave any comments below:
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