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Strategies & Market Trends : January Effect 2003 -- Ignore unavailable to you. Want to Upgrade?


To: RockyBalboa who wrote (569)6/19/2003 5:27:00 AM
From: RockyBalboa  Read Replies (2) | Respond to of 666
 
EUR is doing an interesting bounce - enjoy it while it lasts. Ran very quickly in the last hours. 1.1650.

The German bund is a little further off, trying to find a bottom here, at 117.40-45 (2.5 off from 120).

I recall Londo's comments that somewhere later this year bonds will have topped out.

The resilience of the pound baffles me. I suspect more upside in the pound.



To: RockyBalboa who wrote (569)6/20/2003 12:20:02 PM
From: RockyBalboa  Respond to of 666
 
EUR chart revisited - the choppiness + no further price advances must somehow indicate a change in direction. This gets clearer on a daily chart.

Selling does not let up.