USD's Interest Rate (25-June-2008)...

Hello everyone,

Tonight's FOMC Interest Rate Statement release at 2:15am (Singapore Time) | 6:15pm (GMT). Forecast says that they are looking to hold their current rate at 2.00%. Expect market to be thin with most traders waiting for the release but as Commenciante Traders and Samurai Traders, we are not going to trade the news as we will wait for the outcome and then go in with the flow of the market. For me, I will lay off and just look at the market for my pleasure and if there is any built in set-up for me to enter then I will initiate a position but only if there is a very nice and strong built in set-up.

I have already attained my 69pips from EUR/USD from yesterday, will update my trade asap here.

Other than that, peace and trade safe everyone...