EUR/USD (1.3412)
European & US sessions forecast levels: 1.3255/1.3515
Trend Sessions: European: Neutral/Downward
US: Neutral/Downward
Market Focus: 8:30 AM CPI, Core CPI, Initial Claims, 9:00 AM Net Foreign Purchases, 9:15
AM Capacity Utilization, Industrial
Production, 10:00 AM Philadelphia Fed, 4:00 AM Italian Trade Balance.
Daily
Strategy: The Federal Reserve change the opinion for the current recession. The
problem come by the balloons said Ben Bernanke in New
York. Bernanke said that is optimist about the economy and out of the current
crisis, but is necessary new rules to avoid making of balloons. The optimism of
Bernanke pushes the dollar to gain against the euro. There are a lot of key
reports today for the US economy. All news will be carefully monitor by the
investors.
Forex Forecasts by FS Team
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