Todays shakers:
1:10 hours: German factory orders (low)
3 hours: Minimum Bid rate (what will happen to the euro if down to 0.75??)
3 and 45 min: Unemployment Claims (what if down again, also forecast of Nonfarm productivity etc. very low, what if better ?)
4:45 hours: Bernanke Speaks !
If only one of this events occur, I would buy euro now, consolidating to 1.30 BUT there are 4 events which can suck the euro really badly.
~ 1.2650 possible today.
~ 1.3000 possible today.
Gambling on.
Anyone knows chances (forecasts) if rates in Europe will go down to 0.75 from 1.00 ?
Jack
1:10 hours: German factory orders (low)
3 hours: Minimum Bid rate (what will happen to the euro if down to 0.75??)
3 and 45 min: Unemployment Claims (what if down again, also forecast of Nonfarm productivity etc. very low, what if better ?)
4:45 hours: Bernanke Speaks !
If only one of this events occur, I would buy euro now, consolidating to 1.30 BUT there are 4 events which can suck the euro really badly.
~ 1.2650 possible today.
~ 1.3000 possible today.
Gambling on.
Anyone knows chances (forecasts) if rates in Europe will go down to 0.75 from 1.00 ?
Jack