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Starting the day

Posted on July 01, 2008

Good Morning! welcome to another day in forex market. Monday, as always, has been a boring day, with not much action around, and majors correcting last week rally. Yet the pause seems to come to an end and dollar continues falling, supported by good news both in Europe and England: German Retail sales early today come out far better than expected, and also did the Nationanwide House Prices in England, that remains the biggest winner these days. From the fundamental point of view, today we could see some more action, yet expect the markets to remain quiet tomorrow, ahead of the big Thursday. An...

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forex , markets