Intraday Market Thoughts

Adding 2 EURUSD to Premium Insights

by Ashraf Laidi
Feb 28, 2013 15:15
Act Exp Prev GMT
GDP Annualized (Q4)
0.1% 0.5% 3.1% Feb 28 13:30
GDP Price Index (Q4)
0.9% 0.6% 2.7% Feb 28 13:30
Chicago PMI (FEB)
56.8 54.3 55.6 Feb 28 14:45
Markit Manufacturing PMI (FEB)
52.5 55.8 Mar 01 13:58
ISM Manufacturing PMI (FEB)
52.5 53.1 Mar 01 15:00

US Q4 GDP was revised to +0.1% from -0.1% but lower than the expected +0.5%.  Feb Chicago PMI rose 1.2 to 56.8, hitting its since March 2012. EURUSD fails recovery near 1.3160 before falling back to 1.380s. Our 92.70 target in USDJPY was missed by 3 pips after Kuroda was appointed as the new BoJ governor. 2 USDCAD, 2 GBPUSD,1 CADJPY, 1 AUDJPY, 2 Gold, 1 Silver and 1 oil are among the 14 trades we have in progress. 8 trades are awaiting to filled. 2 new trades on EURUSD were added today, which makes the total EURUSD trades at 4. See full complete Premium trades in Latest Premium Insights.

 
 

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