Discussion in 'Forex' started by globalfxllc, May 5, 2004.

  1. After a day like today it is tough to say for sure which way cable and eur/usd is headed. Obviously BofE and MPC meet for their rate decision tomm in the am. Tonight we have German unemployment @3:55ET (Cons: 10.4%), EMU PMI@4:00ET (Cons:55.0). After rising so much it is tough to see the cable and euro rally more, then again we are coming off of some oversold levels.