Welcome back to the MARKET!!!
Hi everyone,
I would love to say I’m back and off vacation but I cannot tell a lie!!
The cruise was fantastic and as with most vacations, TOO SHORT! But it was a nice break from the market and all the crazy hours of trading and oddly enough I missed my charts even while laying in the sun in Cabo San Lucas!
Ok onto business, there are some key issues that will drive the market this week,
Risk appetite in relation to US and Global financial market recovery and job creations over the next few months, this is nicely discussed here:
Also the JPY pairs are going to need to see more USD reaction before they can “officially” pick a direction:
Oil will impact the USD and particularly the USD/CAD, real demand vs speculators will be the question, stay on top of the movement:
Lastly, Gold will be a LARGE factor in this big picture and we’ll talk more about the relationship of gold as it pertains to the JPY and Euro pairs. More to come on all these topics as the week progresses on and the financial markets react to job reports and the US economy.
Happy pippin,
Jared J.
June 25th, 2010 at -07:0020103130America/Phoenix25: pm30
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