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Starting the day

Posted on November 6, 2008 at 9:00 in Starting the day by Valeria Bednarik

Hi everybody, hope you are fine! After seeinggreenback falling mostly against Europeans all day long, a turn in US stocks (that fell for almost 500 points) by the end of the American session yesterday, send it back to the positive side: dollar and Japanese yen are again the winning currencies across the board, and the positive trend for both, continued in the Asian session. Today we have the BOE and the ECB rate decision, and the market is not only counting with a cut, but also expecting further ones, particullary from ECB. I will be covering it live! at Fxstreet.com home page. And post before it, the key points for both majors.

Also, we have some news before the rates, you can check times o release following next link:

http://www.fxstreet.com/fundamental/economic-calendar/

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