Boring Tuesdauy - Market Awaits Decision from ECB
The market is moving in a tight range and theoratically went unchanged. The Euro-zone Umployment Rate, the PPI came out as expected so it didn't not push the dollar higher and even the U.S. Factory orders & ISM Non-Manufacturing data was released higher than expected. The bull rush for the greenback short-lived , which last only for 10 minutes.
I'm still holding the trades as yesterday and I'll receive my daily 1 cent interest from USD/CHF. We'll hopefully see more action on Thursday with much awaited ECB rate decision for the month of May.
I'm still holding the trades as yesterday and I'll receive my daily 1 cent interest from USD/CHF. We'll hopefully see more action on Thursday with much awaited ECB rate decision for the month of May.
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