The dollar
is on a roll!! It’s been strengthening as the treasury yields pushed higher on
the back of the better jobless claims figures that came out yesterday.
The Euro
dropped lower after European peripheral bond yields pushed higher.
The BoE
left policy unchanged as expected and we saw the cable push up a little. But
after the US
data, the cable came back down below 1.6100.
The Aussie
too joined the crew and traded heavily after the figures, which of course is
good for me considering I have my open short Aussie position!!
Data today
German
Final CPI – 7am GMT
UK PPI
output – 9.30am GMT
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