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European Market Update: European peripherals reflecting stress yet again
September 7th, 2010
(SZ) Swiss Aug Unemployment Rate: 3.6% v 3.6%e; Unemployment Rate (Seasonally Adj): 3.8% v 3.7%e - (HU) Hungary July Preliminary Trade Balance: #8364;240.7M v #8364;500Me - (TU) Turkey July Industrial Production WDA M/M: 0.3% v 8.7%e; Y/Y: 8.9% v ......
European Market Update
September 7th, 2010
All roads seemed to come back to the Euro in the session as numerous press articles weighed upon the currency's sentiment over the last 24 hours. The WSJ article that questioned the reliability of the recent European bank stress tests coupled with an FT article that the 10 largest German
GBP/CHF Elliott Wave Analysis
September 7th, 2010The British pound finally broke below indicated support at 1.5828-35, adding credence to our view that wave ii has ended at 1.7076 and bearishness remains for wave iii of 5 to extend further weakness, initial projected target at 1.5660/65 (61.8% projection of 1.8114 to 1.5828 measuring from 1.7076) has been
