European & US sessions forecast levels: 1.5460/1.5630
Trend Sessions: European: Neutral
Market Focus: 10:00 AM Construction Spending, ISM Index, 4:00 AM Manufacturing PMI, 8:30 AM ECB President Trichet Speaks.
Daily Strategy: The traders waiting this week the key speeches of Fed chairmen Ben Bernanke and European Central Bank chief Trichet. The economic slow down by the high oil prices, inflation and US crisis with the interest rates politic is on focus. ISM Index release today is expecting to give market direction. Till then we expect to see movements into both direction. We recommend trading within the trading range today.