Overhead resistance around 1.5100 holds on first try today, tracking EURO and equities for the most part. Traders note stops above the 1.5100 handle likely building near-term. Resistance is expected to hold rate for a pullback and aggressive traders can buy that dip if it comes.
Cross spreaders continue to hold interest near-term; profit-taking likely to result in a squeeze on the further strength. Thin conditions continue to exacerbate moves. Some stops noted on the break back over the 1.4850, 1.5000, and 1.5050 areas yesterday; the rate continues two-way on the move.
According to a criminal complaint filed on Tuesday in Las Vegas' Justice Court, hip hop moghul - Marion 'Suge' Knight, who was allegedly found beating his girlfriend off a busy thoroughfare, has been charged with two counts of felony drug possession and one count of misdemeanor battery. 
John Travolta's career may have spawned 50-movies, playing a sympathetic hit m
India's two consecutive wins over England in the ODI series has shuffled the ICC's ODI rankings with the side moving up two places from fifth to third position. Moreover, Yuvraj Singh, with his back-to-back powerpacked knocks - his two centuries - has also been rewarded for his performance as he climbed to the sixth spot of the ICC player rankings for ODI batsmen, gaining as many as 11 places to enjoy the highest rating of his career to date!
