Sunday, February 20, 2011

EUR/USD

The EUR/USD is retracing slightly after hitting the top end of its current range, says HiFX senior trader Stuart Ive. "Obviously all eyes are looking at what is going on in the Middle East still; I'm a little bit surprised that we haven't seen any risk aversion in the currencies as of yet." The pair is at 1.3702. He says the market is just going to play the ranges--"German IFO Business Climate will be one of the features but I think the market in the next 24 hours will be firmly looking towards the Middle East." He expects the EUR/USD to trade with a range of 1.3740-1.3560 Monday.

source: fxstreet.com


Posted by at

18 comments:

  1. RicoFebruary 20, 2011 at 2:36 PM

    Good info. Gotta keep my eye on this.

    ReplyDelete
  2. Chris C.February 20, 2011 at 3:07 PM

    Thanks for keeping us informed.

    ReplyDelete
  3. HaliChapFebruary 20, 2011 at 4:15 PM

    I was thinking similar, could touch 1.35 imo.

    ReplyDelete
  4. ShowtekFebruary 20, 2011 at 5:49 PM

    looks good for me

    ReplyDelete
  5. obiFebruary 20, 2011 at 9:15 PM

    should i buy or sell?

    ReplyDelete
  6. Every DayFebruary 20, 2011 at 9:55 PM

    That is a small small range.

    ReplyDelete
  7. BrendanFebruary 20, 2011 at 9:57 PM

    damn dropping prices

    ReplyDelete
  8. d0tFebruary 20, 2011 at 10:24 PM

    "All Eyes are looking toward the Middle East"

    I knew that what was happening there would have ramifications in terms of how politics was done, though I didn't consider that it would have ramifications for the economy. It makes sense as the Middle East holds all of the oil.

    ReplyDelete
  9. ScottFebruary 20, 2011 at 10:42 PM

    Did it end up trading in the range he predicted? Too lazy to look it up myself :P

    ReplyDelete
  10. LifeHacksFebruary 20, 2011 at 10:51 PM

    Fuck the Monetary System@!

    ReplyDelete
  11. Aaron M. GipsonFebruary 21, 2011 at 12:27 AM

    Wondering how much the oil cartels have to do with the mid-East prices and exchanges going where they are...

    ReplyDelete
  12. PekkaKFebruary 21, 2011 at 1:50 AM

    Middle East ruined all my tradings :/

    ReplyDelete
  13. l33 v4n cl33fFebruary 21, 2011 at 2:32 AM

    mmmmm good to keep this in mind

    ReplyDelete
  14. AnonymousFebruary 21, 2011 at 4:33 AM

    Wow...you have got some major information on this blog! I have a background in financial investing, and you definitely have some good stuff here. Keep up the good work! If you'd like to trade strategies, give me a yell sometime.

    ReplyDelete
  15. metaphysicalfarmsFebruary 21, 2011 at 4:43 AM

    Time to go on vacation and enjoy this disparity. keep up the good work.

    ReplyDelete
  16. ThuganomicsFebruary 21, 2011 at 4:43 AM

    wonder what was the deal with that spike upwards when it was treading down

    ReplyDelete
  17. Something ConcupiscibleFebruary 21, 2011 at 6:30 AM

    Politics in the middle east controlling our currency. Scary thought.

    ReplyDelete
  18. plumpkinFebruary 21, 2011 at 7:36 AM

    good to know

    ReplyDelete

Subscribe to: Post Comments (Atom)