Forex Trading Signals - June 29th 2008 - Round-up
Posted by Editor at 6/29/2008 4:07 PM and is filed under uncategorized 
Hi Traders,
Due to the range-bound nature of the market, we have taken few trades recently. We made +39pips on the EU/USD from a long held over from last tuesday, but lost -50pips on a GU/USD on a trade held over the FOMC release. This has left us in a small negative position in June.
The week ahead we have the Non-Farm Payrolls on a friday, and also the EU rate decision, which will stir up the market. We feel the $ will depreciate until then.
Due to the range-bound nature of the market, we have taken few trades recently. We made +39pips on the EU/USD from a long held over from last tuesday, but lost -50pips on a GU/USD on a trade held over the FOMC release. This has left us in a small negative position in June.
The week ahead we have the Non-Farm Payrolls on a friday, and also the EU rate decision, which will stir up the market. We feel the $ will depreciate until then.
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