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Strategies & Market Trends : January Effect 2003

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To: RockyBalboa who wrote (606)6/25/2003 9:21:43 AM
From: Londo  Read Replies (2) of 666
 
I wake up after a 13 hour 'nap' and I see that the EUR is trading at 1.154.. rather peeved that my order was at 1.1441 and the LOD yesterday was 1.1445. :) But anyway, enough of the longs have probably been shaked out of the currency.. hopefully some more will get shaked after the rate announcement. The rest of the fundamentals in the USA are looking horrible for the currency.

There were some rumours of a BOJ currency intervention a few hours ago, but they've been keeping their mouth shut.
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