Wednesday, May 9, 2007

Waves with EUR/USD

Yesterday USD strenghtened agaist EUR to 1,352. The main reason I see coming FOMC meeting which takes place today. Rate 5.25% should stay unchanged. Day after we can see probably ECB hiking rate or at least with hawkish comments.
I am going to open call warrant EUR/USD after FOMC and close after ECB.


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