Wednesday, January 30, 2013

Trade Updates AUD/USD, GBP/USD, USD/CAD

January 30, 2013  10:45pm  (Manila)

US GDP contracted by -0.1% last quarter resulting in a fear rally back into the dollar.

However, this fueled speculation that the Fed on the FOMC meeting later today will continue its purchase of assets this year.  This means that more dollars will be pumped into the markets.

I am keeping my trades and let their stops determine their fates.


AUD/USD trade details here.

GBP/USD trade details here.

USD/CAD trade details here.

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