Gold holding $1050 so far and EUR holding 1.3600…
Update: EBS low at 1.3594. Gold reached $1044.75.
8 Responses to “Oil breaks $70”
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AUTOREFRESH 
1.3598 low on BB.
Cable holding 1.5600. Low 1.5605.
crude oil particularly hard hit. any news?
InAndOut, I think its just related to falling stocks in the U.S. Fueling risk aversion
Must have been the ol Goldies trick of releasing a buy rec whilst lining up the bids….
Bear, you cynic you… (wouldn’t be the first time, would it?)
Clocked your yen cross bear flag warning earlier, Bear, ta.
No surprise that the USDJPY one hasn’t broken down yet.
If it does, maybe $ sentiment may turn next week?
Anyway have a good one all – and thanks.
I closed the first position on the usd/yen cross, but have the second still on. The daily chart looks pretty good for some more downward movement, so i’ll try to scrape up what I can. Well, i’m going to make like a tree and leave (lol, dumb)! We have 2 feet of snow heading this way-again!!!!!! Have a great weekend.
so a hedge fund went belly up?