Featured \Nick Nasad \ 4:44 PM EST \ July 26th, 2010
A better than expected new home sales release helped to spur gains in US equities which pushed up higher yielders at the expense of the greenback. The EUR/USD tested its one-week high at the 1.30 level.
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%. 5 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. 29 minutes 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. 44 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. 1 hour ago from TweetDeck
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Daily Video Recap: USD Slides as US Equities Higher Power Risk-On Trades
Featured \ Nick Nasad \ 4:44 PM EST \ July 26th, 2010A better than expected new home sales release helped to spur gains in US equities which pushed up higher yielders at the expense of the greenback. The EUR/USD tested its one-week high at the 1.30 level.
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