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lunes, 6 de febrero de 2012

US TECHS: Dollar Index; Dixie needs to whistle through 79.50/79.60 - IFR Today 13:16


BOSTON, Feb 6 (IFR) - Especially Stateside, traders have the "Do Not Disturb" sign hanging from their desks after the Super Bowl which certainly has reeled in trader animal spirits. However, traders are keeping at least one weary eye on the Greek drama should it turn tragedy. The Dollar Index continues consolidation and earlier it appeared as if the Dixie wanted to whistle through key resistance in the 79.50/79.60 zone which would ignite an attempt to return towards the recent highs. The 8-day moving average trading pivot at 79.06 is support and needs to hold on a closing basis for the DXY to move higher.

Duncan.Balsbaugh@Thomsonreuters.com /jmm

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