I had an early look at the orders here in the Stevens’ preview. The desks were reporting the market was expecting some jawboning and were wary of a drop … well, we got pretty lame jawboning and the bids have come in a little more confidently now, as expected.
- Bigger Sellers 0.9200
- Sellers 0.9150, stops above
- Sellers 0.9120/25
- Buyers 0.9000/10 and 0.9050/55