Posted by douglas51 on 2nd of Jan 2013 at 11:28 am
Mr. Market parties all night and into late morning but now he
seems pretty tired.
EUR/USD and AUD/USD are taking the brunt of the profit-taking
late in the New York morning.
Makes sense, as this fiscal cliff deal is a lot less than meets
the eye. All taxes and no spending cuts (plus new spending!) ain’t
a recipe for fiscal rectitude…
Stops below 1.3230 are being tripped as we write. 1.3140/50 is
key support if the selling intensifies
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Euro news?
Posted by kalinm on 2nd of Jan 2013 at 11:16 am
sell off in Euro -- any news with that?
Euro pullback
Posted by douglas51 on 2nd of Jan 2013 at 11:28 am
Mr. Market parties all night and into late morning but now he seems pretty tired.
EUR/USD and AUD/USD are taking the brunt of the profit-taking late in the New York morning.
Makes sense, as this fiscal cliff deal is a lot less than meets the eye. All taxes and no spending cuts (plus new spending!) ain’t a recipe for fiscal rectitude…
Stops below 1.3230 are being tripped as we write. 1.3140/50 is key support if the selling intensifies