July 10th, 2009 12:11:50 GMT

Market growing complacent

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Dealers report that banks are peddling range-trading strategies to one another. One that is growing in popularity is a range accrual option: a double-no-touch-option that pays back your premium after a portion of the term expires. We heard of a … Continue reading

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July 10th, 2009 11:47:29 GMT

US lectures China for a change

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Having listened to China’s “buyers remorse” after loading up on $2 trln in USD reserves for the last six months, the US gave the Chinese a bit of their own medicine at the G8 meeting, stressing that they need to … Continue reading

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July 10th, 2009 07:57:22 GMT

EUR/USD trying to steady

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Tough morning for the euro, the market using the Handelsblatt IMF/Eastern Europe article as a good excuse to give the currency a bit of a tonking. General risk sentiment is also looking a little fragile which is also weighing on EUR/USD. We’re hovering … Continue reading

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