Bank Holiday Trading

Good morning. Hope you are all enjoying your extended weekend here in the UK.

The bank holiday is normaly quiet as far as trading is concerned on currency so this is a quick update for today.

The Euro as we know has dived over the last two weeks but we are approcaching a support and have a buy signal on a small time frame. This could just be a slight relief for the Euro before a continuation to the downside resumes.

Bernanke and Trichet will both be speaking tomorrow so be aware of this.

Next update will be tomorrow when the markets resume in full flow.

Good trading.

Forex Analysts
Anne Chapman & Javid Shaik