Featured \Nick Nasad \ 3:16 PM EST \ September 7th, 2010
The Wall Street Journal said European stress tests for banks understated some holdings of sovereign debt. With German factory orders sliding as well, the Euro was pressured amid general risk aversion. The USD/JPY meanwhile proved a fresh 15-year low as traders saw signals from the BOJ that it would not directly intervene in currency markets.
JohnKicklighter: Interest...The TidalShift system just gave a new long $EURJPY and short $GBPUSD signal. Their rolling 20-day correlation though is 0.81... 40 minutes ago from TweetDeck
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 1 hour 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. 2 hours 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. 2 hours 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. 2 hours 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. 2 hours 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. 3 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. 3 hours ago from TweetDeck
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Daily Video Recap: EU Stress Test Questions Pressure Euro, USDJPY Probes Fresh 15-Year Low
Featured \ Nick Nasad \ 3:16 PM EST \ September 7th, 2010The Wall Street Journal said European stress tests for banks understated some holdings of sovereign debt. With German factory orders sliding as well, the Euro was pressured amid general risk aversion. The USD/JPY meanwhile proved a fresh 15-year low as traders saw signals from the BOJ that it would not directly intervene in currency markets.
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