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Stay Lines

Posted 02-12-2010 at 12:31 PM by zdo

Line Changes:
None

Position Changes:
None. Short

Order Changes:
None.
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zdo
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Old

Euro Slips to Fresh Yearly Low as 4Q GDP Disappoints, British Pound Maintains Narrow

Posted 02-12-2010 at 12:07 PM by DailyFX

The Euro weakened against the greenback for the third day as the economic docket reinforced a weakened outlook for the region, and the single-currency may continue to hold the downward trending channel going into the following week as the exchange rate slips to a fresh yearly low of 1.3530.

Talking Points
• Japanese Yen: Benefitting From Risk Aversion
• Pound: Holds Range From Earlier This Week
• Euro: 4Q GDP Expands Less-Than-Expected
• US
...
Posted in Uncategorized
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