AUTOREFRESH 
EUR/USD off to steady start; BIS seen on bid
By Gerry Davies || March 15, 2010 at 08:39 GMT
|| 5 comments || Add comment
EUR/USD sits at 1.3737, all but unchanged from when I arrived 3 1/2 hours ago. Narrow rangebound trade has prevailed at the start of the European week. Talk in the market has the BIS on the bid down at 1.3730.
Some stops tipped through 1.3720. Meanwhile sovereign sell orders tipped at 1.3800 and again at 1.3830/50.
Have a dry weekend all 
May i call your atention to EURCHF, we are doing a 2 years low in this session…..
i mean, last year, and this one…. (not 730 days…
)
Gerry, any EUR-pair (or JPY-) longs may want to remember that later “today” is “Empire Day” (i. e., the New York State Empire Manufacturing Index) – the latest figures of which will be announced at 8:30 EST (12:30 GMT) and are tipped to be “better” (which might spell some bad news for anyone betting against further so-called “economic recovery” in the US of A) : http://www.newyorkfed.org/survey/empire/empiresurvey_overview.html
Yes Jack, stops through 1.4550 has been tripped and the pair went down to low 1.4530s in blink of eye…I think we’re set to see new all time low in this pair in coming weeks, just in case the SNB doesn’t get angry again…Very good pair to short on rallies with super tight stops and some patience…
as you say, Iman, unless SNB get angry…
This morning numbers on ppi weren’t good. In acordance to the strength of their money , thought…