Top
New York  London  GMT  Tokyo  Sydney 

EUR/USD: Sovereign bids tipped at 1.4150

By   || June 1, 2009 at 21:42 GMT
|| 0 comments || Add comment

A bit of early profit taking on EUR/JPY sent the pair from 136.80 to 60. As Jamie reported earlier, Sovereign demand was noticed on dips in the EUR/USD to 1.4150 during the NY session with tight trailing stops now expected below 1.4140 in case the bids don’t materialise. Heavy EUR/JPY stops are noted above 137.75.

Share and Enjoy:
  • RSS
  • Facebook
  • Twitter
  • LinkedIn
  • email
  • Print
  • Add to favorites
  • del.icio.us
  • Digg
  • NewsVine
  • StumbleUpon

Add a comment

Comments are closed.

Bottom