Trading Diary April 3, 2012
April 3rd, 2012
China is still closed for holiday. The RBA came out and didn’t cut rates, but did indicate that in April, if the data continues to be weak then they would use data for basis of action..aud/usd slipped on that data to 1.0400. Spain’s Austerity details comes out tonight along with GDP data for EU. Tomorrow we get FOMC minutes. Hour and half left in asia session and we have Eur/USD at 1.3339, USD/JPY 82.10 (after falling under 82), AUD/USD at 1.0403, Eur/JPY still under trendline at 109.45



