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Strategies & Market Trends : LET'S PLAY IN THE FOREX..AND NOT GET LOST!
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To: RockyBalboa who wrote (88)4/8/2007 10:23:36 PM
From: RockyBalboa   of 247
 
Currencies didn't see a follow through; The GBP volatile as usual couldn't keep up with the 1.98 level, it lost heavily against EUR and the USD.
Meanwhile, on friday, US numbers told a different story. It seems the market was a little bit too short the USD so the covering moved it a lot with markets very thin.
I guess the fed is busy rewriting their notes, they are due this week, wednesday.

Some say they just delay the inevitable, and expect some volatility at still healthy levels.
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