Seemed like
the fx market was on it’s own mini valentines day. Apart from the Euro, we
didn’t see to much action yesterday on the markets.
The Euro
still remains under pressure after European finance ministers met yesterday and
provided very little clarity about solutions to the region’s fiscal problems.
Several Eurozone officials spoke, but none of the comments were noteworthy.
We have quite a lot of data coming out this evening, with
the UK CPI and US retail sales being the biggies! So keep a watch out on the
markets around these data times.
A quick update on my
trades:
My Aussie trade (link to aussie trade) from last week got stopped at 1.0020. I
gained 76 pips on this trade!
Data today
German GDP
– 7am GMT
Eurozone
GDP – 10am GMT
German ZEW
survey – 10am GMT
Eurozone
ZEW survey – 10am GMT
US Net long
TIC flows – 2pm GMT
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