Saturday, April 28, 2007

EUR/USD and GDP drop

GDP unexpected growth sent USD to lowest level agaist EUR. I bought call warrant with 10times leverage and closed position before closing. My expectations are that USD will gain a little bit in following days. Friday's Unemployment rate could strengthen USD.
However, if unemployment rate will rise investors community will see as potential FED lowering interest rate. If labour market remains strong it is also quite positive for Friday's trading outlook.


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