Quote:
Originally Posted by K2
As a scaled trade possibly - dont think we've based yet in the USD - but remaining watchful of price action - today (retail sales, IP, cap U) and Tuesdays the big day with FED decision (25bp enough IMO, but 50bp is priced in) and more important the statement afterwards - a big week ahead.
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Plus first few financial quarter earnings next week (Lehman, Stanley, BearSt). Could be an interesting week for stocks, rates and FX.
Despite low volatility it felt very nervous the last few days and would assume there will be very good trading opportunites over the next few weeks (might take a bit of nerves to see it through but nevertheless there will be opportunities).