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Wednesday, September 27, 2006

Market Await for New Home Sales

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Market waits for Heavy Data coming out at 14:00 GMT
New Home Sales - Expected - 1040K
New Home Sales MoM - Expected - -3.0%

We could expect Down Fall in Dollar today Heavily, Durable Goods pushed back the Dollar back in to RED Lane, Pushing EUR/USD upto 1.2720 but eased back traders Quickly booking profits, moved back to 1.2680 levels, Not much Volume seen at all today.

It appears Stocks Could start in a Minus Territory.

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