EUR/USD (1.4228)
European & US sessions forecast levels: 1.4060/1.4520
Trend Sessions: European: Neutral/Upward
US: Neutral/Upward
Market Focus: 8:30 AM Housing Starts, Building Permits.
Daily Strategy: The dollar gains against the euro during the last few days due too the rising fears with the debt crisis in the euro zone. The current major problem country is Portugal. It seems that the fresh resources for Portugal are not sure after the Finland election. On the other side the interest rates differential will rising during 2011 that push the investors to buy euros. For today FS Team expects a chance for the euro to recovery the losing pips.