It’s honestly that time of the year where the holiday mode
and spirit kicks in. Sometimes, it’s just difficult to get into the market
in-between work.
Euro I think there is definitely on a downward trend medium
term (daily chart). But there is quite a bit of volatility in price-movement on
an intra-day basis. We still need to watch for the Irish story to see where
spot moves today.
Aussie fundamentally should be bullish, but because of the
dollar strength and risk aversion happening at the moment, it has definitely
come down quite a bit. But I’d still look to buy on dips here.
Data Today
US initial jobless claims – 1.30pm GMT
US leading indicators – 3pm GMT
No comments:
Post a Comment