Wednesday, January 19, 2011

Futures This Morning - 1/19/2011

The big news this morning is the fall of the dollar against most currency. The greenback fell through another level of support during the night. The next support level is around 78.


As the dollar fell, both the euro and the yen gained. The Euro sliced through the $1.34 resistance!


The yen also spiked during the night!


For the British Pound, it was more of a roller-coaster ride - up and down... But it stands over $1.60 now!


S&P500 futures spiked after the release of IBM and Apple earnings but have come down this morning.


Both gold and oil are up. Oil went over the $92 line again! 


And gold is up over $8.00! 


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