The single currency rallied over 50 pips today. Durable Goods is the US fell by 1.3% in September, way below the +0.4% gain the market expected. Core Durable Goods Orders also fell by 0.2% versus a median forecast for a gain of 0.5 percent. The disappointing results immediately lead to a sell-off in the Dollar.
The EUR/USD rallied from 1.2708 to a high of 1.2764 and the Swissy fell from 0.9500 to 0.9445. Since then both pairs have retraced somewhat. The anti-Dollar rally pushed me to the number six spot! Currently my account balance is up to 540,000. My EUR/USD long is now 42 pips in the green and my USD/CHF short is 30 pips in positive territory.
The EUR/USD rallied from 1.2708 to a high of 1.2764 and the Swissy fell from 0.9500 to 0.9445. Since then both pairs have retraced somewhat. The anti-Dollar rally pushed me to the number six spot! Currently my account balance is up to 540,000. My EUR/USD long is now 42 pips in the green and my USD/CHF short is 30 pips in positive territory.