The market heads into the close maintaining most of their gains on the session. The final hour generally sees an acceleration of the existing trend into the close but with options expiring today it is anyone’s guess where we end up today.
Commodities are firming as the dollar weakens. Oil heads into the weekend at 103.50, dragged higher as hope springs eternal foe an economic rebound once credit conditions ease. Gold has taken back a big chunk of its earlier losses as the dollar maintains a weaker tone (except for USD/JPY) into the weekend. EUR/USD trades close to session highs, now in the 1.4460s.
As threathened earlier, Frencg regulators have banned short-selling. All selling while have to be undertaken while wearing pantaloons.
