ES Journal Archive (2011)
- Thread starter Buy1Sell2
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GordonTheGekko
Guest
chaykapwr - WOW!
SELL OFF!! 
It's the euro
(rescue fund)
The euro turned sharply high and Treasury prices reversed lower in Tuesday's U.S. session, which analysts attributed to a report in the Guardian saying France and Germany have agreed to a 2 trillion euro rescue fund as part of a comprehensive plan to resolve Europe's sovereign-debt crisis. The report is "boosting stocks, hurting bonds," said David Ader , head of government bond strategy at CRT Capital Group . The euro (CUR_EURUSD) turned up to $1.3815 , after trading under $1.37 for part of the session and up from $1.3741 in North American trade late Monday. The dollar index (DXY) , which measures the greenback against a basket of six major rivals, turned down to 76.842, compared to 77.162 on Monday. Yields on 10-year notes (10_YEAR) , which move inversely to prices, turned up 3 basis points to 2.19%, after trading around 2.12% earlier.
- Deborah Levine ; 415-439-6400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
10-18-11 1517ET
(rescue fund)
The euro turned sharply high and Treasury prices reversed lower in Tuesday's U.S. session, which analysts attributed to a report in the Guardian saying France and Germany have agreed to a 2 trillion euro rescue fund as part of a comprehensive plan to resolve Europe's sovereign-debt crisis. The report is "boosting stocks, hurting bonds," said David Ader , head of government bond strategy at CRT Capital Group . The euro (CUR_EURUSD) turned up to $1.3815 , after trading under $1.37 for part of the session and up from $1.3741 in North American trade late Monday. The dollar index (DXY) , which measures the greenback against a basket of six major rivals, turned down to 76.842, compared to 77.162 on Monday. Yields on 10-year notes (10_YEAR) , which move inversely to prices, turned up 3 basis points to 2.19%, after trading around 2.12% earlier.
- Deborah Levine ; 415-439-6400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
10-18-11 1517ET
GordonTheGekko
Guest
Maybe we should mail him some upside-down candlesticks, as a metaphor
lol, $2 tillion. good luck with that
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