{"id":19983,"date":"2011-03-07T11:16:01","date_gmt":"2011-03-07T16:16:01","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=19983"},"modified":"2011-03-07T11:16:01","modified_gmt":"2011-03-07T16:16:01","slug":"european-wrap-sickly-start-to-week-for-greenback-by-fastbroker-research-team","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/03\/07\/european-wrap-sickly-start-to-week-for-greenback-by-fastbroker-research-team\/","title":{"rendered":"European Wrap: Sickly start to week for greenback; By FastBroker Research Team"},"content":{"rendered":"<p><strong>Written by FastBrokers House<\/strong><\/p>\n<p>Dollar looking generally soft as we start the week, although fairly steady versus swissy. USD\/CHF unchanged around .9245\/50.<\/p>\n<p>EUR\/USD up at 1.4030 from early 1.3975, having been as high as 1.4037  so far.\u00a0 News that Moody\u2019s had downgraded Greece caused a dip to 1.3955  area\u00a0which duly ran into strong Middle Eastern buying.\u00a0 Middle Eastern  buying was a feature of EUR\/USD\u2019s rally last week and we\u2019ve started the  new week as we finished the last. Oil up another two bucks.\u00a0 Plenty of  them \u00a0petro dollars to diversify.<\/p>\n<p>Talk of barrier option interest now at 1.4050.<\/p>\n<p>Cable up at 1.6320 from early 1.6250.\u00a0 Hedge fund buying helped us  get above 1.6300 and stops were\u00a0tripped through 1.6305 on way to 1.6342  session high.<\/p>\n<p>Talk of 1.6350 barrier option\u00a0interest, and sell orders protecting  that\u00a0interest\u00a0\u00a0have so far capped cable\u2019s rally.\u00a0 Stops, not  surprisingly, said to lie just above 1.6350.<\/p>\n<p>USD\/JPY marginally easier, down at 82.08 from early 82.20.\u00a0 Talk of  buy orders 81.50\/70, stops below there.\u00a0 Sell orders 82.40.\/50, stops  above there.<\/p>\n<p>AUD\/USD up at 1.0175 from early 1.0130.\u00a0 Talk of sell orders layered 10200 upto 1.0250.<\/p>\n<p><span style=\"text-decoration: underline;\"><strong><a href=\"..\/2011\/03\/07\/2011\/01\/FastBrokers\/\" target=\"_blank\"><em>Market Commentary<\/em> provided by FastBrokers.<\/a><\/strong><\/span><\/p>\n<p><strong>Disclaimer:<\/strong> FastBrokers\u2019 market commentary is             provided for information purposes only and under no circumstances      should        be regarded neither as an investment advice nor as a      solicitation    or    an  offer to sell\/buy any financial product.      FastBrokers  assumes   no     responsibility or liability from gains or      losses  incurred by the       information herein contained.<\/p>\n<p><strong>Risk Disclosure:<\/strong> There is a substantial risk of loss         in trading futures and foreign exchange.     Please carefully review     all     risk disclosure documents before     opening an account as these      financial    instruments are not     appropriate for all investors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dollar looking generally soft as we start the week, although fairly steady versus swissy. USD\/CHF unchanged around .9245\/50.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-19983","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/19983","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=19983"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/19983\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=19983"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=19983"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=19983"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}