{"id":20026,"date":"2011-03-10T11:38:49","date_gmt":"2011-03-10T16:38:49","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=20026"},"modified":"2011-03-10T11:38:49","modified_gmt":"2011-03-10T16:38:49","slug":"european-wrap-euro-steadies-after-moodys-induced-sell-off-by-fastbroker-research-team","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/03\/10\/european-wrap-euro-steadies-after-moodys-induced-sell-off-by-fastbroker-research-team\/","title":{"rendered":"European Wrap: Euro steadies after Moody&#8217;s induced sell-off; By FastBroker Research Team"},"content":{"rendered":"<p><strong>Written by FastBrokers House<\/strong><\/p>\n<p>EUR\/USD down at 1.3840 from early 1.3875, but off session low  1.3802.\u00a0 Moody\u2019s came out early announcing they\u2019d downgraded Spain.\u00a0  Stops through 1.3840 and 1.3830 tripped in quick succession on way to  1.3802.<\/p>\n<p>Middle Eastern buying resurfaced around the lows and that was that.\u00a0 Much talk of sizeable buy order placed down at 1.3800.<\/p>\n<p>Trailing intraday buy stops above 1.3850 have just about survived  subsequent rebound, with trading having gotten rather lacklustre after  early fun and games.<\/p>\n<p>More sell stops now seen through 1.3790.<\/p>\n<p>Cable pretty much unchanged at 1.6160.\u00a0 Early sell-off tripped stops  through 1.6140 on the way to session low 1.6121\u00a0before recovery. Large  UK corporate seen notable buyer around lows.<\/p>\n<p>USD\/JPY pretty much unchanged at 82.90.\u00a0 Talk of\u00a0 semi-decent sell  interest up at\u00a083.00 (at least half a yard)\u00a0so far capping\u00a0rally  attempts in a rather disinterested market.\u00a0 It\u2019s not as though half a  yard is that much, certainly for USD\/JPY.<\/p>\n<p><span style=\"text-decoration: underline;\"><a href=\"http:\/\/fastbrokers.com\/index.php?9f9043f9\" target=\"_blank\"><strong><em>Market Commentary<\/em> provided by FastBrokers.<\/strong><\/a><\/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>EUR\/USD down at 1.3840 from early 1.3875, but off session low 1.3802.  Moody\u2019s came out early announcing they\u2019d downgraded Spain.  Stops through 1.3840 and 1.3830 tripped in quick succession on way to 1.3802&#8230;<\/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-20026","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/20026","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=20026"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/20026\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=20026"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=20026"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=20026"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}