Forex Fundamental Analysis - 10 Desember 2007

Fundamental Analysis

Monday, December 10th, 2007 (4:30 a.m. New York Time) UK
At 4:30 a.m. we will have UK PPI. I don't suggest trading this indicator. UK said they were very concerned about the inflation, it will be moderated until next year so I don't think this indicator is a key indicator. It also had very unreliable price actions in the past. I would just stay away from that one.

Monday, December 10th, 2007 (10:00 a.m. New York Time) USA
At 10:00 a.m. we will have U.S. Pending Home Sales. This number can have very large deviations because is measured in a percentage bases. Sometimes it may create big moves but other times it may fake you out. Last two trades were quite poor. I recommend you to just stay away from this indicator.

So actually it seems nothing interesting will be going on on Monday.

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