IIFT Daily Note with Peter Brown

Maybe nothing is happening

Posted by:  |  Time: 7:56 am  |  Topic:
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Had a chance to react to bad Euro news yesterday and the Euro just burned straight back up. Another failure at 1.4525 maybe we are range bound and nothing big will happen. Straddle trade on oil is not working as the price volatility has reduced. Some commentators expecting large equity market declines over the next two months but as yet I see little evidence of that move. A day for jobbing me thinks.

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