• Home
• About
  • Who We Are
  • Testimonials
  • Newsletter Prices
  • Privacy Policy
  • Refund Policy
  • Disclaimer
• Contact
  • Advertise
  • Correspondence
• Investment Research
  • Bourbon & Bayonets
  • Wall Street Elite
• Archive
• Forex & Futures
  • Coaching
    • CFS Trader
    • Electronic Futures Trader
  • Commentary
  • Education
    • Emini Trading Strategies
    • The Trading Zone
  • Managed Futures
  • Strategies
    • GnosTICK
  • Systems
    • Advanz
    • Power Growth 8
• Education
  • Glossary of Terms
  • Technical Analysis

Risk Aversion Rocks Markets And SNB Strike Back

02/05/10 by Daily Forex Snapshots  
Filed under Forex & Futures

   

G10 Advancers and Decliners vs USD EUR -0.33 GBP -0.44 JPY -0.61 CHF -0.72

Yesterday’s trading took a dramatic turn late in the European session as the weight of sovereign debt concerns (primarily the possibility that Portugal may pose a greater threat to Eurozone stability than Greece) coupled with higher than expected US claims data knocking the prospects for today’s non-farm payrolls led to a spectacular bout of risk aversion and positions unwinds. Initial claims…

Read More …

   

Random Posts

• 03/22/10 -- DailyFinance Catches up on the ETF Wars
• 06/08/10 -- ETF Deathwatch for June 2010
• 02/12/10 -- Market Updates: Bank of America (NYSE:BAC), Citigroup (NYSE:C), Motorola (NYSE:MOT), Berkshire Hathaway (NYSE:BRK.B), Ingersoll Rand (NYSE:IR)
• 12/03/08 -- ASININE FOOL’S HOGWASH OF THE YEAR AWARD
• 04/03/09 -- Daily Forex Commentary for April 3, 2009
• 04/07/10 -- News and the Market – Citigroup (NYSE:C), Toyota (NYSE:TM), Ford Motors (NYSE:F), Las Vegas Sand Corp (NYSE:LVS)