USDJPY 1 June 2009 Follow through

Posted by Siwei at 6:02 PM Monday, June 1, 2009





Dear all,

with the Whit holiday in the French, German and Switzerland market today, please remember to stay out of these markets due to irregular market volatility and thin trading volumes. Do remember to check the calendar on a daily basis to be aware of the news.

Tonight, we have the US ISM Non-Manufacturing coming out at 10pm, the BOE and ECB scheduled to announce maintaining the interest rate on Thursday and Friday's Non-farm payroll.

Be aware of possible market build up in the market movments in relation to the expected news released.

Meanwhile, USDJPY continued its bearish follow through of 95 pips after friday's big downclose. Congrats to all who managed to catch this market movement.


Regards
Siwei
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