Friday 1 August 2008

"No-Surprise" US Payrolls Data Friday

Friday
No Trade

The payrolls data was uninspiring. Today was merely a price continuation day following yesterday's strong reaction to the news releases. We still remained bullish on both the dollar and yen. Meanwhile, the open trade from yesterday is currently sitting with profit as a result of overnight sell-off in the yen-crosses market.

Here comes August. We'll start again next week.

Have a nice weekend.

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