Monday, August 1, 2011

Morning update

The risk of buying in front of (potentially terrible) economic releases.

9:52 am:











10 am: July ISM Prints At 50.9, Huge Miss Of 54.6 Consensus















USD caught a serious bid on this miss.  FXE plunged and my core EUO position spiked 1% and almost 2% off the pre mkt lows.

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