Wednesday, April 14, 2010

2010-04-14 Ben talk again.

There you go:
EUR/USD ticked higher, to 1.3631 from 1.3592 late Tue, according to EBS via CQG, as Fed's Bernanke, in answer to a question, mentions his expectation that key rates will remain low. Investors use low-yielding USD to fund bets in riskier assets.
This happens at 7:28 PST. I was actually shorting at that moment, but able to change direction right away..

Good trade I give myself a A rating.

Here is the chart

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