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| Global Interest Rates | |||
 Australia |
7.25% | ||
 Canada |
3% | ||
 EMU |
4% | ||
 Japan |
0.5% | ||
 Swiss |
2.75% | ||
 England |
5% | ||
 US |
2% | ||
Data by fxstreet.com
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Technicals
EUR/USD is in consolidation process in these hours
Forex Daily Strategy by FS Team
10 Jul, 2008 @ 01:14 am EST
EUR/USD (1.5727)
European & US sessions forecast levels: 1.5610/1.5790
Trend Sessions: European: Neutral
US: Neutral
Market Focus: 10:00 AM Initial Claims, 2:45 AM French Industrial Production, 4:00 AM Italian Industrial Production, ECB Bulletin.
Daily Strategy: The dollar remain weak against the euro after continue worries for the situation of the world biggest economy. The dollar remains flat during the Asian session, as the traders expect new data for the economies in the Euro Zone and United States. For today the trading strategy is trading within short trading range. The data from the euro zone could move the market. As overall the pressure against the dollar will remain. We recommend opening long positions, as buy on dips today.
Comments
More Technicals
The Risk Today - Oct 7 Today 10:15 AM EST- Dollar and Yen surged broadly on Monday as investors close risky assets in higher-yielding currencies Today 10:11 AM EST
- USD/JPY Technical Analysis 7 October 2008 Today 6:20 AM EST
More FROM Forex Strategy
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Currencies
10/07/2008
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