DislikedEuro dislocated from what is happening in the markets in the last hour trying to test daily R 1.443x (completely out of my options for today). Not sure what triggered that move....
Well done to all morning bulls, in my case it went too far from my intraday levels to take a trade today so good luck to all trading the open.
Looking somewhere else for trading in the afternoon...
sisseIgnored
Purely speculating (no pun) until I get my hands on more reports, but at least temporarily some of the fears may have been averted related to yesterdays fears of cash shortages the NY Fed was concerned about for the moment. Alittle behind the scenes stuff too imo. Spain's gov't budget measure didn't hurt. Sounds like enough rumors also going around to to keep alot of folks happy and guessing as well. U.S 10 yr yields dropped to record lows yesterday as well. Natural little bounce imo. Of course some of the US equities are dragging too...i.e. HP
Do your time and enjoy the ride...