DEAR READER,
FINALLY TODAY WE TOUCHED THE ALMOST MAGICAL PINT OF 150.00 I HAVE SEEN 14985/92 SO THE ONES THAT WANTED TO COVER HAD ALL OPPORTUNITY TO DO SO.
CONGRATULATIONS WITH YOUR NICE PROFIT! PERSONALLY I THINK WE WILL GO LOWER. AT THIS MOMENT WE QUOTE 150 10/15 SO A DAILY CLOSE ON ALMOST THE LOWEST POINT OF THE DAY. AND BESIDES THE S&P 500 TO WHICH GBEP/YEN IS PRETTY CORRELATRD CLOSED BELOW 1000 AT 998! I EXPECT STOCK MARKETS IN ASIA AND EUROPE TO FOLLOW THIS UP WHAT WILL PUT UP THE PRESSURE ON GBP/YEN. I THINK THAT WE COULD SEE 14800 REAL SOON.
BY THE WAY I JUST BOUGHT MY FIRST LOT OF USD/CAD AT 1,1040
REGARDS
PETER
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