EUR/USD (1.2922)
European & US sessions forecast levels: 1.2805/1.3075
Trend Sessions: European: Neutral
US: Neutral
Market Focus: 2:45 AM French PPI, 5:00 AM EuroZone
Unemployment, Flash HICP.
Daily
Strategy: The trading Euro/Dollar consolidate at the levels of 1.29. The
traders expecting new key news to start active trading. The
volumes are very low cause by US Thanksgiving Day on Thursday. The main news
moving the markets are the recession that spread worldwide and forecasting to
come in Europe in 2009. It is widely expecting ECB and Fed to cut interest
rates again. In the last business day for this week we are expecting flat
trading in low volumes. It is not excepted movements by speculations today.
Forex Forecasts by FS Team
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