ADP employment report has come positive, which lead the USD to go more stronger. Even crude oil price went down, which is another support for USD to gain strength.
USD/JPY and USD/CHF has increased a lot. Its the right time now to go for a short position for both the pairs.
After NFP (Non Farm Payroll) changes, which is to be released on 1 Aug 2008, chances are there fore USD to loose strength.
Letz wait and watch....
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment