It wasn’t a great ending to the trading week, but Wall Street traders likely heaved a sigh of relief ahead of the 3-day weekend given that it wasn’t nearly as bad as the previous weeks had been. Trading had been relatively light in anticipation of the long weekend, as very few were willing to be caught flatfooted in the event something momentous occurred in the Eurozone. Even when Wall Street reopens tomorrow, analysts don’t believe that bull traders will be that enthused until there is some resolution, or at the very least, clarity, in the Eurozone. Read more
Forex