Monday, October 12, 2009
Market junctures
Equity markets don't seem to wanna quit with retractions shallow . Thereby giving eur a bid tone.
Bet many looking for some slide in the eur . The eur has been having tired legs up where it is for a while as i reckon there must be some structure putting a lid on it.
Commodity ccys continue to outperform as the next stage of "recovery" being digested.
Been long the softs since a week ago and sitting nicely.
hey am just a hitchhiker -))
Asian ccys remain strong while the global markets debate the future of the usd.
Rhetoric has been the cause of much of the volatility in the ccy moves .
Whose next in the int. rate uptick ?
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