EUR/USD (1.5090)
European & US sessions forecast levels: 1.4805/1.5145
Trend Sessions: European: Neutral
US: Neutral/Downward
Market Focus: 8:15 AM ADP Employment Report, 2:00 PM Fed Beige Book, 5:00 AM EU PPI,
Daily Strategy: The dollar remains weak against the euro after positive news from the Euro Zone. The other reason for the strong euro is the Dubai fears ease about the company Dubai World. This news support the strong euro as the investors again back to a risky assets. The new records of Gold prices also push most of the investors to turn their investments into Gold.