Thursday, April 19, 2012

Early Market Indications

We are seeing a little firming up, usually it would be a gap fill, but in this case it looks like the Euro is firming up after the Spanish auction slide, thus the $USD is weaker given the market some breathing room, for the moment anyway.

 Yesterday's close, the overnight ramp before the Spanish auction and slide after.


A closer view shows the Euro firming and the $USD weakening.

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