Mar 18 2009
Whats Hot today in forex news?
Today we have and had some great economic news coming out from Britain specially.
What everyone was waiting today on the GBP expectation was Claimant Count Change which came out to be worst that expected a shocking outcome. It came out 138.4K rather than expected 84.5 k.
This move caused GBP shedding 150 pips against Usd .
Though what we are waiting for today is FOMC statement and federal funds rate decision which will be coming out in few hours from now.
Now this will cause great moves with USD pairs .
It would be interesting to ssee what news would do today to usd pairs.
Eur has been gaining quite good since last week and has just broken the previous weeks high today .
My long based on weekly analysis is triggered.
Lets see how it fares in the coming week!
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