IIFT Daily Note with Peter Brown

Archive for August 14th, 2012


Stop runs on the Euro

Posted by:  |  Time: 8:21 am  |  Topic:  |  Comments: 1
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We are seeing nothing more than stop runs on then Euro. Thin markets allow this sort of price action. Fundamentally nothing has improved. It is hard to trade these markets as the upper end was broken without much news to drive it.

Euro tops are now 1.2400 and 1.2440  support Continue Reading →