Quiet for me at least. No, that is not entirely correct- quiet in relation to the trades I post here. At this point there is one pending since yesterday, a buy order in CAD- JPY. I’m still waiting for an upside breakout.
In other news, if you didn’t here, senate leaders manage to weasel some other bailout proposal in order to help failing financial companies. Remember, house already rejected it once. Seems like we have some boneheads there who will not rest until they waste another big pile of money that is not theire. Mark my words, these stupid proposal will just keep coming until something or other passes. By then it will probably be a really half ass measure, that will not solve anything, but will add to confusion mightily.
Currencies markets don’t seem to able to find direction. It is possible some intermediate turning points are building, but nothing is conclusive just yet. While we wait for something to happen, I placed another order.

Order is to buy NZD-USD at 0.6815. My target is 0.6900.
Some reports indicated congress vote to come tonight, now I here it was postponed till later this week. No matter what the vote, there will be a reaction, probably strong one. It will interesting to see what happens.

Mike K.