European & US sessions forecast levels: 1.4050/1.4445
Trend Sessions: European: Neutral/Upward
Market Focus: 8:30 AM Durable Orders, Durable Orders Ex-Transport, 10:00 AM New Home Sales, 2:00 AM Germany Import price, 2:50 AM France PPI, 4:00 Germany IFO Business Climate, IFO Current Conditions, IFO Expectations.
Daily Strategy: The dollar remains mixed against the euro. After the better than expecting U.S. Consumer Confidence the dollar lose a ground against the euro but fast recovery loses. Today is very important day with a lot of key fundamental events for U.S. and Germany economy. The news will be important for the forex market. It is expecting new strong euro movement upward close to levels of 1.44 today.