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US investment house recommends long EUR/USD possie

By Gerry Davies  || March 12, 2010 at 10:05 GMT
|| 4 comments || Add comment

Traders note that a US investment bank is recommending long EUR/USD possie.  Target 1.4500, stop 1.3500.  Will help explain part of the rally this morning. Take it for what you will.  It’s one bank’s research departments’ opinion, albeit a well respected bank.

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Category: All, Europe, Mkt News, Mkt Talk, Regions
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4 Responses to “US investment house recommends long EUR/USD possie”

  1. Solange on March 12th, 2010 12:13 GMT

    Any/all EUR longs may wish to duck and cover between now and 77 minutes from now: http://www.marketwatch.com/story/us-stock-futures-point-higher-before-retail-data-2010-03-12?dist=beforebell

  2. zz on March 12th, 2010 12:22 GMT

    finally cleared my longs and went short a made some $$$ on eur/usd, gonna wait on the retail #’s than decide to play again…thx all for dealing w my rants these past weeks

  3. lilac on March 12th, 2010 12:49 GMT

    All in good spirit, zz – and good for you :)

  4. Steve on March 12th, 2010 12:55 GMT

    What about my shorts in your boat now!



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