China Stimulus Talk Bolsters Investor Sentiment (Morning Slices)

WEDNESDAY, 04 MARCH 2009 11:16:45 GMT

Written by Joel Kruger, Technical Currency Analyst

Euro breaks down to fresh 2009 lows. Dollar/Yen continues to surge now approaching 100.00. Talk of China stimulus package bolsters investor sentiment. Kiwi stands out as outperformer on day; Sterling also well bid on stronger overnight data. We will be looking to sell rallies to the 200-Day SMA in Dollar/Yen. More Details................