NEWS TRADING
Wednesday October 28, 2009
[10:00am NY Time]
US New Home Sales BUY 515K SELL 370K USD/JPY or USD/CHF
| 10:00pm | USD | New Home Sales |  | 402K | 443K | 417K  |
Our focus is on the New Home Sales, which is expected at 443K; if
the release is lower, it would be bad for USD and risk sentiment, so
we will look to SELL USD/JPY or possible the USD/CHF pair; if the
number is higher, it would be good for USD and risk sentiment, we
could see a rally in USD and BUY USD/JPY or USD/CHF.
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