The NFP report came out showing many more job losses than the market expected.
This was very bad for the dollar just after the report. The general technical picture that i described will PROBABLY be restored after the dust has settled.
Our position on the $/Cad is pretty much as it was at entry 1.0357. I am closing this position now for a small profit and going into the weekend flat.
I will post over the weekend on the technical situation for next week
Have a great weekend.
Friday, January 8, 2010
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment