I was pretty much out of the market on Thursday and Friday
as it was a public holiday, but wow markets did do quite some movement.
On Friday, NFP came in better than expected at 151K which
saw a sell-off in the Euro and Yen against the USD. US
It does seem as some profit taking is happening this morning
as there is a sell-off happening on the Euro.
I’m not sure which direction markets going to head. It’s a
little too high to be buying, and a little risky to be selling. I guess the
best thing to do right now is just wait and watch until you see a trade coming.
Here’s the data to look out for today. It does seem to be
another heavy data week, so high volatility potential this week as well.
Data Today
Euro Sentix index – 9.30am GMT
German industrial production – 11am GMT
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