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 tonero77
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May 5, 2011
 tonero77
Today there are many market trigger events.
BOE rate decision is expected by 11:00 GMT
ECB rate decision is expected by 11;45 GMT
and ECB press conference is by 12;30 GMT
The market is known to make either big volatile moves or subdued moves when too many events come in sequence.
Expected market moves for today
EURO and GBP are expected to swing near high and slode during Japanese session
Early european session may show a swing and slide move before BOE rate decison time (11:00 GMT).later there might be a quick upward spie in GBP as extended stop hunt move.Later before ECB rate decision time there may be a dip and drop in EURO.After some swings the ECB press conference might be used as trigger to make some USD gaining moves.
US session may show swing and subdued slide moves for the day.
Tomorrow for NFP data the market is expected to swing and slide and show more USD gaining move.the trend may be set by next Tuesday after week beginning false move on Monday.
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