Good morning afternoon and evening! Another crazy day in the US session gives way to another trading session in Asia. The dollar got handed a bit today with the Euro breaking a new record at $1.60, and Oil took a nice dive! Bernanke is scaring the crap out of people with announcing that officially the US economy sucks!

Ok, to the news!!!
The euro is now at 1.5912, from heading over 1.60 for a while after Ben Spoke about the economie’s issues at hand during a special hearing in congress today.

The following news report for the Asian Session:
Japan:
Tertiary Industry Activity Index monthlies are due, and we are expecting an even 0.0.

Australia:
Westpac Melbourne Institute will release their monthly leading index at 030 GMT.
Three hours later we will have some words from Reserve Bank of Australia Governor Glenn Stevens from a private speech in Sydney.

compared to the US session, the asian session will be quiet of course, but tomorrows european and US session will not fail to please in the news department.

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TRADE ON!!!
Thomas Howell
GoForexTrade.com

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