January 4th, 2012 08:04:37 GMT.

EUR/USD ticks higher


Presently at 1.3055.   Sources report Middle Eastern buying behind the move. Sell orders seen up at 1.3075/85, stops through 1.3100. Given the price of oil recently, guess they’ve got some of them thar petro dollars to diversify


December 29th, 2011 16:01:50 GMT.

Dec KC Fed manufacturing -8% vs 0% prior


This indicator isn’t a market mover but I aim to inform. The composite index at -4% from +4%. Separately, weekly oil stocks were a tad lean and oil has pared some losses.


December 15th, 2011 19:47:40 GMT.

Oil settles at $93.87


Down $1.08 per barrel after falling almost $5 yesterday. It’s the lowest close since early Nov.


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