Jan 31, 2007

US GDP (4Q) +3.5%

I had shorting EUR/USD @ 1.2953 as the responding to the positive $ data released. Besides my cable short (@ 1.9651) since yesterday is still open , and I am happy with this position. Another position short in EUR/GBP (@ 0.6624) does not look nice at thi point.

(EUR/USD now @ 1.2939 , GBP/USD now @ 1.9505 , EUR/GBP now @ 0.6633)

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