Gong Xi Fa
Cai!!
To all those who celebrate Chinese
New Year!!
I’ve just
gotten back from my Chinese New Year break, from Thailand
As always
after travelling, it takes a while to again get back into the whole trading
business, especially if you see some form of movement which you missed while
you were holidaying!
Seems like
the Euro had a bit of a movement yesterday! Disappointing German December new
manufacturing orders pushed the euro lower to below 1.3520. But the Euro seems
to have recovered some of it’s lost ground this morning.
The
sterling has been well supported considering that the market has fully priced
in a rate hike for the May meeting and increasingly for the april meeting as
well.
Other than that, it was a quiet market session
yesterday.
Data today
German
industrial production – 11am GMT
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