Tuesday, August 08, 2006

ahead fomc

hello,
after weaker nfp number, usd was strong sell-off during friday, some recovery yesterday and today, what next?

hard to say, but dovish commentary could push usd on lower levels, but commentary propably will be hawkish - watch higher oil prices - all in all even if not rate hike today we could see stronger usd....

i will place entry buy usd orders and entry stop buy usd orders ...

good luck

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