IIFT Daily Note with Peter Brown

Archive for August 8th, 2012


Tricky market!

Posted by:  |  Time: 8:21 am  |  Topic:
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This is not an easy market to trade. There was no follow through on the rally yesterday. Indeed it ran out of steam as Spanish bond yields started to rise again.

Euro topped out at 1.2440 and that is now serious resistance. Support is now at 1.2365 Pivot and then Continue Reading →