Thursday, April 8, 2010

The Advisor Weblog

The Advisor Weblog


Starting the day

Posted: 08 Apr 2010 03:39 AM PDT

Hi everyone, and welcome back! Wall Street slump yesterday falling after reaching almost2 years high in what for now could just be consider a corrective movement, thus strong enough to trigger some risk aversion across the board. Dollar and yen are higher, and speculations about the Chinese government is close to announcing a revision of its currency policy in the coming days, and so will allow greater variation in the value of its currency combined with a small but immediate jump in its value against the dollar, is making market a bit nervous at this point. Not to mention, we have ECB and BOE in the next hour. I be covering it live, at Fxstreet.com home page, as usual!

Here is the link for today’s calendar:

http://www.fxstreet.com/fundamental/economic-calendar/

Have a great day! 


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