A potential data that could be volatile though noise in the media was somewhat muted.
Everyone seems to be looking forward to Yellen speech at 10:3opm at the Conference of Monetary Policy, Washington DC.
I decided to put on my straddle at 9:28pm with the following details: –
EURUSD 1.0704 – 1.0724 – 1.0744 with spot at 1.0724 and SLs at spot
As it turned out unemployment claims came in about par at 276K versus expectations of 270K.
EUR moved slightly by about 15bps and flatline, so I decided to withdraw the trade.
The Panthenon Investment Group 