Results for ecb hawkish
1 articles with this tag name
  • Euro Drips Lower Into the Weekend
    As the weekend approached in Asian and European trade the EUR/USD continued to drip lower over concerns about the viability of the currency and growing consensus that ECB will have to take rates below 2% in order to combat the creeping recession in the EZ economy. Yesterday’s comments by George Soros continued to reverberate though the FX markets in overnight trade as EUR/USD dropped through the 1.2900 handle reaching a low of 1.2835.

TRADE IDEAS

  • Trades to Watch
  • Trades in Progress
currency trade idea
USD/JPY
Medium term



 Sell Sell at 80.3800
Stop at 80.63
Target at 80
EUR/USD
Long term



 Buy Buy at 1.2467
Stop at 1.2064
Target at 1.3072
currency trade idea
EUR/JPY
Medium term
Opened 5/23/2012
 Sell Short from 99.9000
Stop at 101.55
Target at 98.1
AUD/NZD
Medium term
Opened 5/21/2012
 Sell Short from 1.2985
Stop at 1.307
Target at 1.2855
EUR/CHF
Long term
Opened 1/30/2012
 Buy Long from 1.2055
Stop at 1.199
Target at 1.2225
These are hypothetical trades and should not be relied upon as a substitute for independent research.

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