It’s really a Gas! Another day of beating up the dollar, courtesy of the euro, and Crude Oil has seen a new high of $134 a barrel. Get ready for another day of trading insanity!

EURUSD: More Ownage From Europe!
The Folks at Frankfurt and the euro are surely beating the life out of the dollar. The euro shot up another 4 cents to nearly $1.60/euro.

BRITTAIN:
Business Investment Quarterlies and Industrial Trend Orders.

CANADA:
Core Retail Sales Month to Month, and Regular Retail Sales Month to Month

US NEWS for today:
Four News items to hold onto today: Fed Governor Kroszner is speaking around 900-4GMT. Just before his speech, we will know about fluctuations in unemployement claims, and I am not expecting good news in that department. Housing price index, then natural gas storage will be read off later on as well, but if you are an american citizen, the result should be obvious to you.

HOLIDAYS: German Market Closed
Frankfurt will be closed today in observance of Corpus Christi day.

Another Good Review Coming Up For Early Next Week!!
TRADE ON!
Tom Howell
www.goforextrade.com

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