Results for rebound
1 articles with this tag name
  • Dollar Drops as Markets Fear 1 Million US Unemployed
    The EUR/USD rose sharply in Asian and European trade today ahead of the critical US Non Farm Payroll report as currency markets feared that the number could approach 1 million unemployed in the worst reading since 1949. The pair rose to a high of 1.2727 in a bout of short covering ahead of the release before easing slightly below the 1.2700 figure.

TRADE IDEAS

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



 Sell Sell at 1.5904
Stop at 1.5924
Target at 1.5874
currency trade idea
CAD/JPY
Long term
Opened 2/10/2012
 Buy Long from 77.6500
Stop at 76.65
Target at 78.9
GBP/CHF
Medium term
Opened 2/8/2012
 Sell Short from 1.4470
Stop at 1.4602
Target at 1.4352
AUD/CAD
Medium term
Opened 2/6/2012
 Buy Long from 1.0740
Stop at 1.0655
Target at 1.085
These are hypothetical trades and should not be relied upon as a substitute for independent research.

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