Monday, 23 July 2007

 

market opportunities

Early session uk trading, little in the way of news today, with market opportunities i got in on audjpy earlier just with a regular trade. This would be a nice correction to start gridding in on there from. The uninterrupted GBP appreciation against the dollar shows no sign of abating, nor any sentiment that it might happen, and finally, i decided to join the crowd there. USD is looking a bit ropier, it seems there is no good news for the dollar, and it almost seems like the administration actually want it to depreciate, as they seem to be avoiding the subject like the plague. So im holding back on any more dollar trades for the time being. GBPJPY might prove to be the real bargain just now.

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