European & US sessions forecast levels: 1.3265/1.3820
Trend Sessions: European: Neutral/Upward
Market Focus: 8:30 AM Building Permits, Housing Starts, 9:55 AM Michigan Sentiment, 5:00 AM EU Trade balance, HICP, HICP - Core.
Daily Strategy: The dollar holds the recent gains although the very bad U.S. jobs report. The weekly Initial Claims rises to 484K with 44K more than the forecasts. The focus over the jobs report is more important these days after Ben Bernanke comments about the possible rise of Unemployment Rate or to hold for longer period. The dollar holds the gains because the flowing capitals in United States raise that is positive signal for the world largest economy. For today is expecting mix trading as is possible movement up to 1.36 and correction down close to 1.35 or below of 1.35.