Last weeks trading showed

E/D   63 pips profit

D/C   25 pips profit.

Pips for the month of August.

399/224/215/88        TOTAL  926  Pips

On Thursday we have news events that could affect the Euro adversely, which could lead to a larger dip, in its fortunes.

On Friday the USD, on the strength of news could see an appreciable rise.

I didn't have too much spare time this morning, as I was called to work, but I have taken a trade and it is as follows:

E/S    1.2066  going up to  1.2090/  1.2100 /  1.2110

The markets are not sending any particular signals at the moment!