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24th April in Currencies of MV History

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These articles were published on Minyanville.com on 24th April in History. Checkout how time flies, enjoy reading!

European Debt, French Election Push Wall of Worry Higher

on Apr 24, 2012 11:20 am by Lloyd Khaner

MINYANVILLE EXCLUSIVE: It's headline risk-on mode as 2012 is a big year for global government elections and change. Capitalists versus socialists, dictatorships versus democracies, communists versus communists -- it's all news fodder for the averages as the Dow (^DJI), Nasdaq (^IXIC), DAX (^GDAXI), Hang Seng (^HSI) and the FTSE (^FTSE) are back into putting in plus or minus 1% daily move... Read More


Currency Market: US Dollar Index Still Looks Like Good Risk Reward on the Long Side

on Apr 24, 2012 12:15 pm by Cody Tafel

MINYANVILLE EXCLUSIVE: The euro has drifted higher into the key 1.32 level, which I think should provide pretty heavy resistance here. This should help put a bid under the US Dollar Index at these levels, as the risk reward for euro short positions looks very favorable. While it does seem like the negative headlines coming from Europe have abated, longer term there are still plenty of issues, and... Read More
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