Archive for June, 2011
Euro and Other Risk Correlated Currencies Remain Well Bid For Now
Although the rebound in risk appetite over the past few sessions has been impressive, any additional upside from here should prove to be a tough task with broader uncertainty still in the picture…
S&P 500 Sets Double Bottom, US Dollar Snaps June Uptrend
The S&P 500 has set a double bottom while the US Dollar has broken through key support, snapping the uptrend that led the greenback higher in June.
Yen Crosses Expected to Surge from Current Levels
Patterns in the Euro crosses are mixed while the recent lows in the Yen crosses are expected to hold and give way to larger rallies.
