Good Morning
Well the fed came out yesterday and cut interest rate a quarter of a point to 4.25%. Pretty much obliterated the stock market and all the dollar pairs. PERFECT trade! Trade balance just came out about 14 minutes ago, The dollar didn't really have a reaction to it because it sold off before the announcement. There was a minor push up in eur/usd though.
The rest of the week looks pretty good fundamentally with ppi and cor ppi. Also have the Tanken report in japan which will be nice in yen pairs. its the same as the US Beige book.
I have decided to start commentating futures and stocks more on my blog. I'm new to futures so if I sound like any more of an idiot then i am now please don't laugh to hard. HAHA........
Thanks
JP
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