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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
The dollar ups after oil recovery
Forex Daily Strategy by FS Team
24 Jul, 2008 @ 01:36 am EST
EUR/USD (1.5702)
European & US sessions forecast levels: 1.5620/1.5790
Trend Sessions: European: Neutral
US: Neutral/Upward
Market Focus: 8:30 AM Initial Claims, 10:00 AM Existing Home Sales, 3:00 AM French Services PMI, French Manufacturing PMI, 3:30 AM German Services PMI, German Manufacturing PMI, 4:00 AM Current Account, Services PMI, Manufacturing PMI, German Ifo Business Expectations Index, German Ifo Business Climate Index.
Daily Strategy: It is very rich economic day today. The traders focus over the coming key Germany economic reports including the Germany Ifo Business Climate. The recovery of the dollar continues after the strong recovery of the oil prices. We will see continue of the dollar recovery while the oil take step back by the record high prices. If the oil continues to fall today we can see the dollar down to 1.5560 today.
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Currencies
10/06/2008
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