Featured \Nick Nasad \ 1:06 PM EST \ August 5th, 2010
The ECB and BOE held rates steady and didn’t offer too much in the way of new information. A weak US jobs report however hurt risk sentiment, which caused higher yielders to give up earlier gains to the greenback. The Swiss Franc gained on news it was selling its currency reserves, while the New Zealand Dollar weakened following a report showing its unemployment rate rising.
toddgordonaspen: Just saw Eli walking his dog outside our building again. For the most popular dude in the western world he's hanging around a lot today 35 minutes ago from Twitter for iPhone
DRodriguezFX: Holy EURUSD sell-off and pullback. Dislike these hours for a reason; price can spike and pull back at a moment's notice. 50 minutes ago from TweetDeck
JohnKicklighter: $EURUSD comes close to sliding back below 1.3200, but same lack of commitment as to the tentative Troika accord details leaded earlier. 56 minutes ago from TweetDeck
DRodriguezFX: Talking EURCHF long entries w @robbooker. We're both staggering long entries above 1.20. I like 1.2050 personally; he's looking at 1.2025. 1 hour ago from TweetDeck
DRodriguezFX: @robbooker last time I staggered limit entries every 15 pips below 1.2075. I'm thinking similar but starting below 1.2050 this time. 1 hour ago from TweetDeck
DRodriguezFX: I no longer feel compelled to hold onto this EURCHF long position. SSI is at a massive 19:1, I'd get back in at a lower price. 2 hours ago from TweetDeck
JohnKicklighter: That 10 second range may be all we get from the NZD. Hard to deviate from the underlying current of risk appetite trends nowadays. 2 hours ago from TweetDeck
JohnKicklighter: Interesting mix. Improved jobless rate, weaker employment change. NZD clearly trying to work out whether positive or negative. 2 hours ago from TweetDeck
Share
Daily Video Recap: Central Banks Hold the Line, US Jobless Claims Spur Risk Aversion
Featured \ Nick Nasad \ 1:06 PM EST \ August 5th, 2010The ECB and BOE held rates steady and didn’t offer too much in the way of new information. A weak US jobs report however hurt risk sentiment, which caused higher yielders to give up earlier gains to the greenback. The Swiss Franc gained on news it was selling its currency reserves, while the New Zealand Dollar weakened following a report showing its unemployment rate rising.
Help us grow and Share/Vote for this Post
Get the latest updates from FXTimes