You have no items in your cart.
*Good morning/afternoon everyone!*
The U.S. dollar is trading lower against all of the major currencies today with the exception of GBP.Its weakness is the most pronounced versus AUD and NZD, which have also benefited from stronger Chinese trade data. Janet Yellen is speaking for a second day today but there should be little in the way of surprises so the flows that happened on Wednesday could carry over to today. Aside from that, this morning’s U.S. economic reports should have limited impact on the U.S. dollar.
*The MAIN THEMES I see today are*
+CAD, +AUD, +NZD, +JPY, +CHF
*Today’s Potential Ideas*
1. Sell USDCAD at market now 1.2727, Stop at 1.2777, Target 1.2697
2. Sell USDJPY at market 113.00, Stop at 113.50, Target 112.70
3. Place Order to Buy EURGBP at 0.8800, Stop at 0.8750, Target 0.8830
Cancel ALL pending orders by 3:30PM NY / 19:30 GMT / 5:30AM AEST
Close ALL open day trades by 4PM NY / 20 GMT / 6AM AEST