Results for ireland
1 articles with this tag name
  • For the third night in a row risk aversion flows dominated Asian trade as Nikkei continued to correct its recent gains, but as European trading settled into its morning routine currencies stabilized with EUR/USD recapturing the 1.3200 handle while USD/JPY crawled back to the 100 level. A spate of negative news from Ireland which proposed an emergency budget plan pressured the euro throughout Asian trading with the unit falling to a low of 1.3145 as traders feared that Irish fiscal problems may balloon out of control.

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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