S&P futures popped about 7 points on the improved jobless claims but the rally is already starting to cool. EUR/USD rallied as well but is backing off too.
Stops are seen down in the 1.2665 region in EUR/USD, traders report. We trade now in the 1.2672 area.
3 Responses to “Equity futures bounce on improved claims”
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AUTOREFRESH 
Jamie, like I said yesterday before the sudden uptick in cable, any thoughts on c a b l e, like on making the trip to 1.6 again? Have you been burnt by cable in the past? any thoughts on it?
No particular thoughts on cable…looks 1.5400/1.57 to me,,, for my historical feelings for cable, read this…http://www.forexlive.com/66293/all/i-was-gonna-write-about-cable
Jamie, ahhh thought so. Well least you could do is give an update on it, like, I still hate cable. Else I wouldn’t know. I love your articles but aint gonna go back thru the whole lot of em.