Past performance is not a guarantee of future results. Please remember that technical analysis is only a tool for trading and even targeted analysis is no guarantee of profits. Forex trading carries a substantial risk of loss and only discretionary capital should be used in trading.
Bobby's Corner-Market Open 5.5.2008
Posted by Bob Slade on Mon, 05/05/2008 - 7:26am in
Monday May 5, 2008
Good Morning and Happy Cinco De Mayo
Today is a London Bank Holiday which is contributing to a very quiet market.
The euro saw some strength this morning, as speculators bet that the ECB will leave rates unchanged this week as they continue to combat any sign of inflation in the eurozone.
Equity markets are mixed this morning.
US Futures are also lower after Microsoft ended its bid for Yahoo, and Berkshire Hathaway’s earning were not as good as expected.
Oil: $116.85
Gold: $868.20
Today we have data at 10 AM on the ISM-Non Manufacturing composite Index.
Have a GREAT DAY
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