DislikedROTFLMAO, another prime example of why you don't follow the news and only the technicals, GERMAN industrial output was expected -.07, came in much worst than expected, -2.7, and the euro rockets on more bad fundamental news.Ignored
Because you are looking at the wrong news, Germany is irrelevant, keep looking at Italy. Mr B buggering off is great for the markets, 3779 here we come.
I told you hours ago to keep an eye on the bondmarkets for today, the FI boys are driving the currencies this week, What are Bunds doing right now??? Yup, so what is EURUSD going to do as a result, yup, you got it.
Don't just look at the FF calendar, that is just 5% of what is going on. FF news may suit the average retailer, but the big boys aren't checking FF news to see what is going on........