Stocks and Dollars

Futures were slightly lower on the last day of 2010 as trading volume remains light. But investors remain in good spirits, as stocks serve up solid annual gains amid the rollercoaster year.

Futures were slightly lower on the last day of 2010 as trading volume remains light. But investors remain in good spirits, as stocks serve up solid annual gains amid the rollercoaster year.

While the pair continues to struggle to put in a temporary bottom, its broader bias remains lower. This view remains valid as long as GBP holds below its Dec 17′10 high at 1.5645 and the 1.5906 level. A cap is likely at the latter level if tested. Its daily stochastics

While the pair continues to struggle to put in a temporary bottom, its broader bias remains lower. This view remains valid as long as GBP holds below its Dec 17′10 high at 1.5645 and the 1.5906 level. A cap is likely at the latter level if tested. Its daily stochastics

While the pair continues to struggle to put in a temporary bottom, its broader bias remains lower. This view remains valid as long as GBP holds below its Dec 17′10 high at 1.5645 and the 1.5906 level. A cap is likely at the latter level if tested. Its daily stochastics

Cable has risen further during the day and is now near the upper end of the range (1.5350-1.5525) in which it has been trading over the last few days. Our view remains the same. Being the final trading day of the year, this range is expected to be retained. A

Cable has risen further during the day and is now near the upper end of the range (1.5350-1.5525) in which it has been trading over the last few days. Our view remains the same. Being the final trading day of the year, this range is expected to be retained. A

NEW YORK – Futures for the Dow Jones industrial average, the S&P500 and the Nasdaq 100 are flat to 0.1 percent higher, pointing to a slight rise in equities on Wall Street on Friday.