Posts Tagged ‘currency futures brokers’

Fade the Euro Rally

By Frank Pavilonis • Jun 18th, 2010 • Category: Broker Commentary, Market Updates

by Frank Pavilonis
The Euro has seen a recent bounce, along with the U.S. stock market. However, I think the euro rally will fade given the still-shaky economic situation in the Eurozone. Overall, I think the trend is still bearish, but right now we are seeing a bit of a short squeeze.
The debt crisis in [...]



Consider Aussie Dollar Spread

By Kristina Zurla Landgraf • Apr 16th, 2009 • Category: Broker Commentary, Market Updates

Aussie Dollar Benefits from Carry Trade, Improved Commodity Demand
By Phil Streible
The Australian dollar has pulled back a bit after a strong rally, and I think it’s an opportune time to set up an Aussie dollar debit spread, based on supportive technicals. There have been some signs of stabilization in the global economy, and as [...]



Euro Looking Weak

By Kristina Zurla Landgraf • Feb 25th, 2009 • Category: Broker Commentary, Market Updates

Sell Euro Currency as Recession Retains Grip
By Dennis Cajigas

New Recommendations
Sell the March euro currency at 1.2800 or better and risk the trade to a close above 1.3000. Take profits on a break to 1.2400 or lower. Buy the March euro currency 124 put at 60 points or less ($750 or less, not including commissions) [...]