I love Monday through Tuesday! Inflation data in France and UK, and probably-widened Trade Balance in the U.S could attract everyone who is seeking for reasons to buy the recently battered European currencies.
Wednesday looks difficult to play. Industrial Production in Euro-area and Unemployment in the UK suggest weakness when the Bank of England Quarterly Inflation Report could just complicate the situation.
On Thursday I would be asleep through the day! CPI and GDP in Euro-area and Germany in addition to CPI in the U.S make it simply too difficult to analysis.
Friday might make opportunities but I think everything must be done on Monday.
August 10, 2008
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