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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: ggersh who wrote (17014)1/30/2009 3:25:26 PM
From: RockyBalboa  Respond to of 71456
 
The volume is pretty high. with 200k contracts traded in the EUR, and a significant OTC volume in the pound cross, this is well above average.



To: ggersh who wrote (17014)2/1/2009 7:04:03 PM
From: RockyBalboa  Read Replies (1) | Respond to of 71456
 
Pound ran out of steam and fell briefly below 1.44 but it looks more like a buying opp. Offers in size 3.5c up (mid 1.47s)

The EUR is on an amazing bear trip, still.

I caught briefly a newsbit on the current draught in Argentine, resulting in a large number of cattle dying; could have an impact on prices if no relief is in sight.