Monday, 24 September 2012

Eurjpy gettin hit hard here

Eur been on a slide after gettin hit hard on Eurjpy. Stops were going through at 100.50.. Hear there are more stops below 100.

There's talk around the market that ecb are having second thoughts on the legality of bond buying.

North Asian names also being blamed for the sudden sell off in this quiet market
Posted by at

3 comments:

  1. Anonymous25 September 2012 at 00:02

    is china in the mix of sellers?

    ReplyDelete
  2. Effexlive25 September 2012 at 02:56

    Just heard its north asian names and BIS was bidding I reckon just around 90-00 level. We are just stuck in a tight range.

    ReplyDelete
  3. Effexlive25 September 2012 at 03:00

    There was also a lot of talks in the market such as ecb having 2nd thoughts which led to the fast sell off.

    Also hear eurgbp was being sold heavily by one party. Could it possibly be the flow which I mentioned yesterday on uk farmers?

    ReplyDelete

Subscribe to: Post Comments (Atom)