Intraday Market Thoughts
Euro's Latest Tug of War & S&P500's Tech Rebound
by
Jul 4, 2011 13:42
Euro eneters a new tug of war, this time between expectations of an ECB rate hike and negative commentary from credit agencies and European officials reminding of the Greek's dire situation despite obtaining its latest lifeline after passing the required austerity measures in Parliament. Bringing on new trades for EURUSD, EURJPY, S&P500, FTSE-100, Silver, with the latest on those trades in USDJPY, Gold & US Crude. Key Daily & Weekly Charts in EURUSD & S&P500 shed light on the technical picture in early Q3
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