Thursday, May 08, 2008

Chart of The Day...Selling Spree..!!!!

The Asia session movement has been extremely volatile, preceding rate decisions from both the BOE and ECB. My darling EUR/JPY, has been a huge loser, plunging about 400 pips in the past 24 hours, making this coming ECB rate decision at 7.45 pm and Trichet's press conference at 8.30 pm are extremely crucial. Be there or be square..!!

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