Monday, 14 April 2008

WHAT NEXT?

What happens next?..the GE news last week looks really really bad for the markets..and rumours of more write-downs this week may not go down well....

So how does this affect fx?..well...more volatility...which isn't great for me...it just makes me nervous. I'm sitting and waiting for that trade..however i feel we may not see this until the start of May?...

I'm however still tracking the AUD/JPY...i waz half expecting it to hit the 97-100 mark but the technicals seem to have turned?..lets see...i'm keeping my eye on it.

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