Hi Everyone!
We area bout 1 1/2 hours ahead of the NYSE Close… and we basically have “Muted and Quiet” Price Action across the board with our Currency Units.
We hear and digest rhetoric from Obama and Giethner on plans to stimulate Small Business in America as part of the Stimulus Initiatives, TIC Data, Capacity Utilization, and Industrial Production all come in under the radar, and we are still working with “Mixed” Sentiment moving throughout the day into evening for many of you.
Here is one more check on the Euro and Euro Yen, so give them a Click… and both appear to have more Upside Potential left on these corrective moves.
If both fail… then lower Supports may, indeed, come back into view as we move into the Asian Session.
Post-Time is almost 19:00 GMT.
I will certainly be back with you this evening, and we will see if any of our Price Appreciation and Risk Appetite Behavior, indeed, continues on into Asia-Pacific Rim Activity!
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