Boris and Kathy's FX Blog www.bktraderfx.com

11/02/2006

 
Today's Email Alerts

Alert #1 Short AUD Going Into Payrolls

We are still short the AUD/USD going into payrolls (we got in at .7735, its pretty much there). This is now a pure NFP play, given the strength of the prior move and the low risk, we are still hanging onto it. There could be big revisions to September's awful 51k print. We also believe that given the recent jobless claims, ADP and Hudson Employment reports, we run a good chance of seeing triple digits.

You can read our full NFP outlook on DailyFX
US Non-Farm Payrolls - What to Expect for the Dollar

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