Monday, October 4, 2010

still waiting for a trend reversal


Sterling looks a little heavy this morning after the markets ran the barriers in EURGBP, taking it from 0.8720 to 0.8758 highs.

On the Aussie from markets are waiting it out for the RBA rate decision tomorrow.

Data today
Eurozone PPI – 9am GMT
UK PMI construction – 830am GMT
US factory orders – 2pm GMT
US pending home sales – 2pm GMT

2 comments:

  1. Nice blog name, I'm a Taurus too in the same hometown :)

    Thanks for checking out and good luck to your trades.

    Black.

    ReplyDelete
  2. Hi thanks!

    Hopefully I'll get some good trades in this week!

    ReplyDelete