EURO-DOLLAR: Saw high prints around $1.3598 or so but "ran into a wall
of offers" ahead of $1.3600, one trader contends. That supply leading
others to conclude that perhaps some sovereign supply also emerged on
the bounce, the euro retreating to $1.3565 area of current trade. Trader
speculates that intra-day players may now be caught long on the break
above the overnight high, probably to put stops under $1.3550/40 area.
Provided by: Market News International
of offers" ahead of $1.3600, one trader contends. That supply leading
others to conclude that perhaps some sovereign supply also emerged on
the bounce, the euro retreating to $1.3565 area of current trade. Trader
speculates that intra-day players may now be caught long on the break
above the overnight high, probably to put stops under $1.3550/40 area.
Provided by: Market News International
Trade on your own risk
Plan your trade&trade your plan dont be a