We had a
quiet session again yesterday, as there wasn’t much data out.
Aussie took
a beating on the back of the rate hike by China
German
trade balance came out a little lower at 11.9bn vs the consensus of 12bn. Not
much of reaction on the Euro as it still looks range-bound in asian session.
What a
bummer! Missed out on the Aussie move! It definitely looked like a good sell in
the morning, but I was waiting for my entry trigger which happened while I was
stuck in a meeting!
Oh well! There’s
always a next time.
Data today
German Trade Balance – 7am GMT
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