Monday, July 26, 2010

New York Session Recap



Today's price action was very typical of a Monday during the Mid-Summer; mostly range-bound outside of any major news announcements. Traders took the +23.6% headline U.S. June New Home Sales Number (MoM) and ran. EUR/USD rallied from 1.2940 to test the psychological 1.3000 level, EUR/JPY went from 112.70 to a

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