" you can't consume more than you produce "
-
Morgan Stanley Stopped Out Of EUR/USD, USD/JPY Positions
Morgan Stanley gets stopped out of EUR/USD position at 1.3460 as optimism reigns heading into Wednesday's LTRO. As permanent euro bears, this is becoming a recurring theme for the bank. "We believe the common currency faces asymmetric downside risks. In a high take-up scenario [of LTRO], we believe immediate EUR gains will be short-lived, while in a low take-up environment, the EUR will fall sharply," says Morgan Stanley. The bank looks to resell at levels near 1.3580, with a 1.3680 stop and targets 1.3110. In a similar fashion, MS short USD/JPY stop triggered at 81.65 amid a wave of short covering, as the pair hit ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Feb 27, 2012 4:04pm Feb 27, 2012 4:04pm
- Memnonxxi
- | Joined Aug 2011 | Status: Member | 35 Comments
- Comment #2
- Quote
- Feb 27, 2012 4:26pm Feb 27, 2012 4:26pm
- Guest
- | IP XX.XX.122.44
- Comment #3
- Quote
- Feb 27, 2012 4:32pm Feb 27, 2012 4:32pm
- PurePrice
- Joined Aug 2010 | Status: Member | 36 Comments
- Comment #4
- Quote
- Feb 27, 2012 4:57pm Feb 27, 2012 4:57pm
- Guest
- | IP XX.XX.216.141
- Comment #5
- Quote
- Feb 27, 2012 5:30pm Feb 27, 2012 5:30pm
- deanbo
- | Joined Aug 2009 | Status: Member | 116 Comments
Pity the fool who thinks they'll make it overnight...
- Comment #6
- Quote
- Feb 27, 2012 7:20pm Feb 27, 2012 7:20pm
- ajsnigrutin
- | Joined Jul 2011 | Status: Member | 34 Comments
- Comment #7
- Quote
- Edited 8:14pm Feb 27, 2012 8:11pm | Edited 8:14pm
- Pip_Warrior
- | Joined Feb 2012 | Status: Patient | 13 Comments
Do what you are afraid to do -Emerson
- Comment #8
- Quote
- Feb 27, 2012 9:11pm Feb 27, 2012 9:11pm
- sonnyp02
- | Joined Jul 2009 | Status: Member | 15 Comments
- Comment #9
- Quote
- Feb 27, 2012 11:25pm Feb 27, 2012 11:25pm
- Nachiket
- | Membership Revoked | Joined Jul 2011 | 72 Comments
- Comment #10
- Quote
- Feb 28, 2012 12:02am Feb 28, 2012 12:02am
- Guest
- | IP XX.XX.176.153
- Comment #11
- Quote
- Feb 28, 2012 12:14am Feb 28, 2012 12:14am
- pemully
- Joined Aug 2011 | Status: riding the lightning | 74 Comments
wo-yoy! wo-yoy! wo-yoy! wo-yoi! wo-yoy-yoy-yoy!
- Comment #12
- Quote
- Feb 28, 2012 12:19am Feb 28, 2012 12:19am
- Guest
- | IP XX.XXX.153.9
- Comment #13
- Quote
- Feb 28, 2012 12:22am Feb 28, 2012 12:22am
- Elnukeda
- | Joined Jan 2012 | Status: Member | 59 Comments
- Comment #14
- Quote
- Feb 28, 2012 1:11am Feb 28, 2012 1:11am
- Guest
- | IP XXX.XXX.134.252
- Comment #15
- Quote
- Feb 28, 2012 1:15am Feb 28, 2012 1:15am
- smithforhelp
- | Joined Aug 2011 | Status: Member | 4 Comments
- Comment #16
- Quote
- Feb 28, 2012 1:21am Feb 28, 2012 1:21am
- johnel
- | Joined Jan 2012 | Status: Member | 508 Comments
- Comment #17
- Quote
- Feb 28, 2012 1:49am Feb 28, 2012 1:49am
- Guest
- | IP XX.XXX.83.9
- Comment #18
- Quote
- Feb 28, 2012 3:31am Feb 28, 2012 3:31am
- Guest
- | IP XXX.XXX.216.12
- Comment #19
- Quote
- Feb 28, 2012 6:33am Feb 28, 2012 6:33am
- Scrat
- Joined Jan 2007 | Status: Member | 279 Comments
Nihil Sine Deo.
- Comment #20
- Quote
- Feb 28, 2012 7:04am Feb 28, 2012 7:04am
- vilas
- | Joined Aug 2007 | Status: Member | 44 Comments
- Comment #21
- Quote
- Feb 28, 2012 7:07am Feb 28, 2012 7:07am
- ajsnigrutin
- | Joined Jul 2011 | Status: Member | 34 Comments
- Comment #22
- Quote
- Feb 28, 2012 8:12am Feb 28, 2012 8:12am
- mehboob
- | Joined Dec 2010 | Status: Member | 189 Comments