The Advisor Weblog |
| Majors ahead of US opening bell Posted: 01 Nov 2011 06:33 AM PDT Tuesday is all about risk, as Greek Prime Minister George Papandreou called a referendum and a parliamentary confidence vote, risking pushing the country into default if rejected by voters. I swear, he does it on purpose! Really, what can be on a man's mind taking such decission in current situation? I´m really starting to suspect Greece wants dracma back. Jokes a side, the greenback soars across the board on US Treasuries demand, and stocks are pointing for a selloff session in the US. We may see some consolidation and some limited pullbacks due to extreme overbought dollar readings but seems the trend is clearly set for the rest of the day regardless indicators.
Here is the short term perspective for major crosses for the upcoming hours:
PS: I know personal stuff is not what you are looking for here, but I'd love to share; past March, I lose my dad on a stroke, and my life has never been the same. Miss him every second of every day. Yet this week, my baby brother has made me an aunt. Life continues... and smiles are back. I'm now a happy aunt, of a gorgeous baby girl ;)
Never forget what really REALLY matters in life, Happy trading!
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