Tuesday, September 11, 2007

And the $ gains ground


The Euro, Cable and Swissy are all weaker this am against the US$ with convincing looking bases that could see much further strength as the day progresses.


The Jappy is not taking part yet as the carry trade fall out continues to unwind.

Friday, September 07, 2007

Non Farm Payrolls


Back from hols and it's now September so volumes will be picking up and the excitement starts today with the Sept NFP numbers.

Right now the Yen is hovering at 115, a major support level and Cable needs to move above 20212 to break the last swing high and push towards 203. Euro looks strong today following the overnight measured move.