Featured \Nick Nasad \ 5:22 PM EST \ June 16th, 2010
Today’s session started with risk aversion as the risk premium on Spanish bonds rose on rumors that Spain may have to ask for aid from the EU or IMF. A positive report from the US manufacturing sector helped bring back risk appetite with “risk-on” trades paring overnight losses. In late NY trading the Pound slid sharply on BOE King’s comments regarding UK price inflation.
JamieSaettele: and big reasoning for going short $EURUSD this morning was WHEN the highs/lows were made-low was in asia and high at 4 am 12 minutes ago from TweetDeck
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 33 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 38 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%. 45 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. 1 hour 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: Euro Stalls its Rally, Pound Slides Late, US Output Data Strong
Featured \ Nick Nasad \ 5:22 PM EST \ June 16th, 2010Today’s session started with risk aversion as the risk premium on Spanish bonds rose on rumors that Spain may have to ask for aid from the EU or IMF. A positive report from the US manufacturing sector helped bring back risk appetite with “risk-on” trades paring overnight losses. In late NY trading the Pound slid sharply on BOE King’s comments regarding UK price inflation.
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