EUR/USD (1.2967)
European & US sessions forecast levels: 1.2805/1.3075
Trend Sessions: European: Neutral
US: Neutral/Downward
Market Focus: 8:30 AM Durable Orders, Initial Claims,
Personal Income, Personal Spending, 9:45 AM Chicago
PMI, 10:00 AM Michigan
Sentiment-Rev., New Home Sales, 2:45
AM French Consumer Confidence, 3:30 AM Italian
Business Confidence.
Daily
Strategy: After the collapse of the world biggest bank
Citigroup the next bank with problems will be Bank of America. US government
top problems are the credit crisis combine with the consumer. The dollar loses
against the euro by fast sells a day before US Thanksgiving Day. Most of the important key news are moved
for today. Today is expecting slowly recovery of the dollar.
Forex Forecasts by FS Team
|
