Tuesday, April 19, 2005

U.S. Inflation numbers

I think today is an important day for U.S. interest rates. A large PPI number and futures will once again sell off (this is what happened last night in the U.K.). A neutral to weak number and futures will rally (BIG!). I am waiting till after the number to take an outrite trading view. Currently I still have on short U.S. futures against long Short Sterling (looking for U.S. rates to out pace the U.K.) and my "yield portfolio" (long Aud,Nzdanf Gbp ag short Chf,Cad and Eur).

These are the FX Trading Ideas of the day


Good Luck to all

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