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Starting the day
Posted on June 23, 2008
Good morning! Welcome to a new day in forex market! Last week dollar fell against it s major rivals, been the GBP the one that more ground wined, yet the rally is not ready to last: there are bigger chances that the overall state of the economy in the UK will continue deteriorating, pushing the Pound down. Anyway, majors traded mostly in ranges against dollar, as traders wait this week data to help define the greenback destiny: this Wednesday s FED decision about rates, could surely bring back the missing action. Today we only have the only important fundamental report of today, the...
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