[milliard]

It'll pick up as we grind through today torero. Medium term (long) positions are safe on Euro, Cable is being traded in sympathy. Players need to see the color of the chatter/credit crunch bullshit etc. Plus, a decent view of the equity markets for a little "finger in the air" guidance.

The buck remains billy-no-mates, so the short-term (fast money) specs are still hovering ready to whack it.

Decent data on the roll call this week should set things up for another crack at the highs on the Europeans.

Eurozone head honcho's (Wellink, Lorenzo Bini Smaghi) & Sarkozy have been nattering to the wires again today, attempting to throw an amber light to the markets re: 1.50-55.

Things are becoming nervy & tetchy out there.....wonderful opportunities for fast 2 way business at the psychological levels!!

Watch & listen for an uptick in ECB chatter/vocals as prices nudge key zones. Same with Fukui/BoJ.