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Stocks adding to gains again, EUR rebounds from 1.3200

By   || February 13, 2012 at 18:41 GMT
|| 4 comments || Add comment

From 1.31987, actually, but who’s counting?

US equities are rallying in early afternoon, up 0.7%, almost back to opening highs.

EUR/USD has ticked up as well, now at 1.3220 as we await the next meeting of the European Clown Coalition, aka the Eurogroup, on Wednesday.

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4 Responses to “Stocks adding to gains again, EUR rebounds from 1.3200”

  1. Donc on February 13th, 2012 18:51 GMT

    You are a master of one word humor. To freaking funny…

  2. Shaf on February 13th, 2012 19:37 GMT

    Hi Jamie, Do we know what time the eurogroup meeting is scheduled for on wed? and is it likely the psi deal will also be done the same day? If so what impact could it have on the euro? A small rally or bigger push? Many thanks

  3. Jamie Coleman on February 13th, 2012 19:39 GMT

    usually they begin late afternoon European time and end in the late evenings. Approval of the deal is assumed…risk is that there is a hiccup.

  4. Hawk on February 13th, 2012 20:15 GMT

    When does the rejoicing start?

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