IIFT Daily Note with Peter Brown

What’s the target!

Posted by:  |  Time: 7:43 am  |  Topic:
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Euro broke the 1.4525 barrier yesterday, so where is it off to now? Well 1.5145 is the next logical step but remember it will not get there in a straight line. Wall St also made new highs yesterday, breaking the 12400 level, expect a move higher but be carefull on this one as QE2 ending is going to stall this rise at some stage.

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