Bank of America Q-2 earnings have come in at 33 cents a share, better than expected, be it 18 or 28 cents. The bank earnt $3.2 billion in the quarter.
Cable has come under pressure, with stops below 1.6280 triggered bringing about a 1.6269 session low. Makes you wonder what would have happened if BoA earnings had been disappointing.
Technical support next fro cable at 1.6260.
