Share markets are set to open momentarily. The headlines have been supportive this morning as Dubai gets over its first hurdle, securing a partial bailout from Dubai. Citi’s deal to get itself out from under the TARP and Exxon’s purchase of XTO are also highlights near-term.
Technically EUR/USD has resistance in the 1.4655 area with more at 1.4680 and 1.4700.
Sovereign bids are seen on the approach of 1.4600. The latest bounce was from 1.4620.
