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I don't have the full info on this yet, but it was announced that a co-ordinated liquidity injection among the Fed, BoE, ECB, BoC and SNB is underway. I'll follow up on this later but there has been a strong positive reaction in the S&P futures, which have already been moving up in the overnight session. That means the equity/carry trade markets look good to go for today as well.

The rise in the S&P futures caused the appreciation in the carry trade pairs. I'll follow up on this a bit later as more info comes out.

Why not try taking advantage of the overnight movement in futures and carry trades with me and the other members of my room. It's still just ten bucks a week. I don't have fancy charts, websites etc, just some fun trading. Join on my blog: the newstraderfx.blogspot.com or contact newstraderfx@yahoo.com