The trend is very very strong -- you don't want to stand in the way of it at the moment.
The market did go up a little on the news but now we're coming back down again because I think the good news is factored in,
We've just seen some stop-losses and it looks like people chose the downside.
Without fresh good news on the U.S., the current account worries come back to the fore so people worry about the dollar. With stocks it's a question of how much good news is already priced in.
There are players, including hedge funds and pension funds, establishing new longs in the euro at the start of the year.
It was a knee-jerk reaction after the reports of an earthquake. The logic behind the move is that a natural disaster in California could damage the U.S. economy.
It was a knee-jerk reaction after the reports of an earthquake.
After all, it wasn't a bad number. It's just that the market had positioned for something even better.
Yes, they've reached an agreement, but it remains to be seen whether the grand coalition can work and whether it actually delivers the reforms.
We have the FOMC tomorrow and big economic numbers, which are generally seen as upbeat,
