EURO-DOLLAR: Vaults $1.3100 now as the euro gans a fresh head of steam in the wake of the report that eurosystem is swapping old Greek bonds for new, presumed a precursor to the PSI deal.

Market news

16 February 2012

EURO-DOLLAR: Vaults $1.3100 now as the euro gans a fresh head of steam in the wake of the report that eurosystem is swapping old Greek bonds for new, presumed a precursor to the PSI deal.

Large stops eyed $1.3120, under assault.

European stocks closed little change: FTSE 100 5,885.23 -6.93 -0.12%, CAC 40 3,391.29 +0.94 +0.03%, DAX 6,745.28 -12.66 -0.19%

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.