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Choppy EUR/USD tests range top but stalls

By   || February 8, 2012 at 15:30 GMT
|| 3 comments || Add comment

Nothing particularly bullish on the wires in the last half-hour to spur the euro rally but we pretty much traded the US range in about 40 minutes. Options related selling ahead of 1.3300 barriers is helping keep a lid on the pair.

We’ve eased back to the 1.3260s from 1.3285 New York highs.

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3 Responses to “Choppy EUR/USD tests range top but stalls”

  1. Siva on February 8th, 2012 15:32 GMT

    Jamie, anything you have on the sudden drop in cable, please?

  2. Sparky on February 8th, 2012 15:43 GMT

    Remarkably narrow range of 50 pips in EUR/USD in the last 24 hours
    - looks like it’s trying to breakout on the downside.

  3. Sparky on February 8th, 2012 16:10 GMT

    S&P, Brent, Gold & Copper now also heading for the exits.
    Get out while you can – this Greek bailout/debt swap is priced in…

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