Japanese Yen Benefits From Risk Aversion, Euro Continues To Underperform
Tuesday, November 30th, 2010 Posted in Market Comments | Comments OffThe Japanese Yen rallied across the board on Wednesday following the rise in risk aversion, while the Euro remains the worst performing counterpart against the greenback for the second consecutive day.
Euro 12950 is Potential Support
Tuesday, November 30th, 2010 Posted in Market Comments | Comments OffThe EURUSD is approaching the 100% extension (12950), which is potential support although the level should give way (eventually) as 3rd waves tend to extend much farther.
EUR/CHF Long Established @1.2995 for Open Objective; Stop 1.2895
Tuesday, November 30th, 2010 Posted in Market Comments | Comments OffThe latest setbacks are expected to be well supported by the psychological barriers, with the level also coinciding with a critical fib retracement…
Daily Sound Bites 11.30
Tuesday, November 30th, 2010 Posted in Market Comments | Comments OffA couple of comments from officials around the world early on Tuesday….