Today Yen seems too deep towards it’s down. Yen is going towards its downside can short position here.
Upcoming Economic Data Releases (London Session):
1/6/2009 7:00 UK Nat'wide House prices say (MoM) DEC -0.40% -1.50%
1/6/2009 7:00 UK Nat'wide House prices nsa(YoY) DEC -13.90% -14.60%
1/6/2009 7:45 FR Consumer Confidence Indicator DEC -43 -44
1/6/2009 8:50 FR PMI Services DEC F 41.6 41.6
1/6/2009 8:55 GE PMI Services DEC F 46.4 46.4
1/6/2009 9:00 EC PMI Services DEC F 42 42
1/6/2009 9:00 EC PMI Composite DEC F 38.3 38.3
1/6/2009 9:30 UK PMI Services DEC 40.1 39
1/6/2009 9:30 UK Official Reserves (Changes) DEC $2249M - -
1/6/2009 10:00 EC Euro-Zone CPI Estimate (YoY) DEC 2.10% 1.80%