Fun, Fun, Fun....

During last Friday forex performance, omg, USD weaken across board... firstly, it was due to Thanksgiving where most American trader was out for vacation. Secondly, economic outcome for GBP (BOE minutes) and ECB was good. To cope with the inflation, interest rate will be expecting to increase this few months. Third, amid speculation that the US Federal Reserve will cut borrowing rates as its European counterpart raises them. The growing belief is the culmination of several weeks of less than impressive US economic data combined with continued comment from ECB officials that point towards two further rate rises in 2007. Most experience traders were caught taking the wrong direction. Gosh, was really caught by this big surprise. I missed all this, as I was shopping for my own early Christmas present, a second-hand19 inch LCD HP at a reasonable price. :) Very happy about it....

During weekend, I travel from Singapore to JB for some shopping and relaxation of mine. Used 2nd link and passed through Gelang Patah. Gelang Patah, hmm..., has a seabrass and white prawn farming, didn't manage to visit the farm, but was glad to pass through it, as all this travel experience did had my mind tweaked a bit. There were great ideas forming, but, not great enough to share around. :( Hoping this tweak of mind would change the way how i analyse the forex market. :D