Featured \Nick Nasad \ 11:47 AM EST \ September 1st, 2010
Manufacturing releases from China and the US, and a very strong 2nd quarter GDP report from Australia helped to propel global stocks to strong gains. In NY morning trading the Dow Jones Index for instance was up 240 points. That helped “”higher yielders” like the Australian and Canadian Dollars, the Euro and the Pound gain on safe haven currencies like the US Dollar.
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 41 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. 56 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. 1 hour 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
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Daily Video Recap: Manufacturing Data Spurs Strong Risk Appetite, “Risk-On” Trades Jump
Featured \ Nick Nasad \ 11:47 AM EST \ September 1st, 2010Manufacturing releases from China and the US, and a very strong 2nd quarter GDP report from Australia helped to propel global stocks to strong gains. In NY morning trading the Dow Jones Index for instance was up 240 points. That helped “”higher yielders” like the Australian and Canadian Dollars, the Euro and the Pound gain on safe haven currencies like the US Dollar.
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