Negative Euro Headlines Are Back Sending EURUSD And Its Derivative, S&P500 To Day's Lows
As the Dow crosses 13000 and S&P crosses 1400 - the wrong way - the noise from Europe is picking up:
- *IMF SAYS IMPLEMENTING MEASURES A `MAJOR CHALLENGE' FOR GREECE
- *IMF: No Request From Spain For IMF Financial Help
- *SLOVAK PREMIER FICO SEES 5O% CHANCE OF EURO AREA BREAKUP
Bah, what does the Slovak premier know: it is not like he is a member of the Eurozone. Oh wait...
EURUSD has fallen 50pips from its intraday highs; Spain 10Y (+19bps to 525bps) is at 3-week wides.
and the US indices look weak...
with S&P 500 e-mini futures (ES) testing the week's lows...