- Devisen-Trader-Talks - Frank1, 16.10.2000, 15:51
Devisen-Trader-Talks
16.10.2000, 15:38:00
a little bit of shortcovering in eur/usd seen now around 0.8475 level and also sellersi usd/chf seen above 1.7800 (strong tech point said 1.7850)..also gbp/usd held the 1.4420 so far and trades back up to 1.4435
16.10.2000, 15:36:00
US equity markets turn bearish again, Nasdaq -22 bp and Dow only up 0.19 bp
16.10.2000, 15:25:00
usd/chf moves said due to stop losses from interbank sides, better equity markets, lower euro (due to Duisenberg interview today re no interventions due to middle east..and on rumoured M&A deal worth $ 1.5 bln which has german corporate byuing part of us company)and technical model type funds buying.. all in all, rather exaggerated moves in thin and nervous markets
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