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2009-08-28T09:07:51+0000

August 28th, 2009 07:20:20 GMT.

EUR/USD drifts lower

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EUR/USD has drifted a little lower in orderly fasion, presently at 1.4335.  Selling of the EUR/GBP cross this morning has helped weigh on EUR/USD. It looks like normal service is slowly being resumed i.e. market fairly comfortable to short EUR/USD … Continue reading

2009-08-28T07:20:20+0000
2009-08-28T05:30:49+0000

August 27th, 2009 23:15:00 GMT.

Latest on China’s EUR/USD double-no-touch

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Thanks to Gerry’s investigative skills, the latest information on China’s dnt option is that they bought on the 19th and 20th of August for one month with barriers at 1.3950/1.4450. We still believe that the downside protection will outweigh the … Continue reading

2009-08-27T23:15:00+0000

August 27th, 2009 21:18:22 GMT.

Choppy August markets continue

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We got a taste of how this market is trading yesterday during the Asian session when the AUD/USD based at .8240 and rallied even while the EUR and cable fell. Those who had managed to get short close to the … Continue reading

2009-08-27T21:18:22+0000
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2009-08-27T07:43:42+0000
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