Thursday, April 05, 2007

Stay long the Euro

I must admit I have found it difficult lately to come up with new things to say about the markets. I have had similar positions on (in varying sizes) for the last 2-3 months. Today the Euro popped pretty good and with U.S. Employment out tomorrow I think that no matter what the number (within reason of course) we are looking at a weaker dollars in the coming weeks. The market is currently looking for excuses to sell dollars and will find it somewhere.

So in quiet markets embrace Yield and ride the wave.

Good Luck and Good Forex trading.

Go Met's !



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