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Intraday Market Thoughts

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EUR Tests $1.45 & what It means for other Trades

by Ashraf Laidi

Jun 30, 2011 3:52

EURUSD tests $1.45 ahead of Thursdays crucial vote of the implementation of the MTP. The bounce in risk assets all across the board, is exerting punishment on the USD. Despite Thursdays SPR action from the IEA, the rise in US crude has joined equity indices in breaching 55 & 100 moving averages. HERE ARE THE LATEST TRADES from our Premium Intraday Insights http://tinyurl.com/64b4hj4 Non Subscribers click here: http://tinyurl.com/4yehn5u

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Latest Poll - Jul 05

Which of the below do you think is the most appropriate?

0.50 in Jul & Sep

92%

0.75 in Jul & Sep

2%

0.75 in Jul & 0.50 in Sep

3%

0.75 in Jul no Sep hike

1%

0.50 in Jul no Sep hike

3%

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