Monday, September 13, 2010

Quick and Short news update.

Ok this quite a short news update, but it does seem like it’s going to be a busy week.

US equities bounced higher on Friday, which brought the USD up.

On the yen front, focus will be on the Japanese elections tomorrow the 14th of September.

Euro is on a bid tone this morning. I would look to sell on a trend turn. Tomorrow Greece is scheduled to auction 6 month T-bills worth 9 billion EUR.

Down under, AUD strengthened further after the better Chinese economic data that came out this weekend.

Data today:
US monthly budget statement – 6pm GMT     

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