EUR/USD (1.5690)
European & US sessions forecast levels: 1.5610/1.5790
Trend Sessions: European: Neutral/Upward
US: Neutral
Market Focus: 2:00 AM German Trade Balance, 2:45 AM French Trade Balance,
3:00 AM ECB President
Trichet Speaks.
Daily
Strategy: The dollar recovery against the euro after
Bernanke comments for new emergency lending facility for Wall Street. But the
recovery was temporary and follows new upward movement during the Asian
session. For today there are not key economic events for the US economy, but
few for the Euro Zone including Trichet speech. The trading strategy today is
to open long positions.
Forex Forecasts by FS Team
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