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TRADE CALL RECAP This morning we were watching some data out of the UK. The Industrial Production report was released, and we were looking to short the GBP/USD if the report came out at least 0.5% worse than expected. The actual number came out with a deviation of -0.3%, so it did not meet our…
Sorry for the delay in this post. This was originally written on Monday02/04/08. Comments: This week we have the RBA, ECB, and BOE all meeting to determine interest rates in their respective countries or regions. We see the RBA raising rates, the ECB holding rates steady, and the BOE cutting rates. So as mixed a…
Sorry for the delay in this post. This was originally written on Monday02/04/08. Comments: We follow last weeks FOMC meeting with three major rate decisions’ around the world this week. The first one being the RBA later this evening, the others being the BOE and ECB later in the week. We expect the RBA to…