Thursday, September 2, 2010

The Advisor Weblog

The Advisor Weblog


Best pair to trade now: EUR/USD

Posted: 02 Sep 2010 04:21 AM PDT

Starting the day

Posted: 02 Sep 2010 04:14 AM PDT

Hi everyone and welcome back! as comment on past Live Webinar early Asian session, majors triggered some shy corrective movements following past American session gains, yet holding previous tone: while EUR, CHF, AUD and CAD are still quite strong against greenback, Pound remains limited due continuous disappointing economic data. 

Anyway, market is quiet waiting for ECB. Really I don’t know why, because past months it has been a non-event. Nothing new, nothing to motivate investors; if Trichet speech extends on “inflation under control” “uneven growth” and all the common places he has been with past months, there is not going to be much of a reaction. Still, I will be covering it Live! just in case, as usual, at Fxstreet.com home page.

Hope you can join me there! have a great trading day!


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