Featured \Nick Nasad \ 5:16 PM EST \ June 18th, 2010
In a quiet session, the Euro retreated from its recent highs. Housing and government borrowing data from the UK was supporting of the Pound. Canada posted strong results as well helping it to break below its 1.0220 support. The Aussie gained on the back of a rise in gold to a record high.
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. 13 minutes ago from TweetDeck
DRodriguezFX: In short: COT data still shows an overhang in USD-long positions vs EUR, and options traders betting on/hedging against EURUSD strength. 44 minutes ago from TweetDeck
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Daily Video Recap: Quiet Friday Session, Though Gold Extends Rally
Featured \ Nick Nasad \ 5:16 PM EST \ June 18th, 2010In a quiet session, the Euro retreated from its recent highs. Housing and government borrowing data from the UK was supporting of the Pound. Canada posted strong results as well helping it to break below its 1.0220 support. The Aussie gained on the back of a rise in gold to a record high.
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