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When’s the data?

By Jamie Coleman  || December 1, 2009 at 15:06 GMT
|| 3 comments || Add comment

Sheesh, three minutes after the data and it as though nothing ever happened. EUR/USD is at 1.5085, the S&P is up 1.1%…it’s like nothing ever happened. ISM dipped but holds above 50; home sales continue to improve. Not enough to derail the liquidity and momentum-driven asset rally, it would appear.

If we don’t break above 1.5100 soon though, we may see some retrenchment, just to lighten up positions…

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Category: All, Americas, Mkt Talk, Regions
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3 Responses to “When’s the data?”

  1. John B on December 1st, 2009 15:17 GMT

    Jamie do you this 15 minute drop in USD/JPY is related to ISM data this morning?

  2. John B on December 1st, 2009 15:20 GMT

    Followup: What about selling USD/JPY below the 86.57 pivot at 11 AM?

  3. ALI on December 1st, 2009 15:21 GMT

    That is interesting…I am curious about it too ;)



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