Monday, January 23, 2006

Quiet day in FX

Today has been a relativly quiet day in the FX markets. Emerging Market currencies have done quite well and I continue to look for Latin Markets to trade strong. Asia on the other hand I am not so sure of. I am sitting long dollars against Jpy and although this position has been painfull I will continue with it for now. Oil prices continue to grind higher and there is no way this is good for countries such as China, Japan and the rest of this region.

Good Luck to all, These are the FX Trading Ideas for today.



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