Monday, April 25, 2011

Easter Weekend is over, and we're back into the trading week


That was one extremely relaxing long weekend!! I hope all you traders had a great Easter weekend!!

We still have most of Europe on bank holidays so we’ll probably see a thin market tonight until U.S opens.

Not much happened during the weekend. China laid low on their monetary policies and Europe and U.S were closed on Friday for Good Friday.

ECB member Stark repeated his opposition towards restructuring the greek debt and BOJ Shirakawa has implied that the BOJ is not likely to take additional easing measures at the policy meeting on Thursday.

We haven’t got much data today, and most traders are anticipating the FOMC meeting later this week!

Data Today
US new home sales2pm GMT

Happy Trading!
FxTaurian


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