EUR/USD (1.3759)
European & US sessions forecast levels: 1.3510/1.3860
Trend Sessions: European: Neutral
US: Neutral/Upward
Market Focus: 8:15 AM ADP Employment Change, 2:15 PM Fed's Beige Book.
Daily Strategy: The dollar recovery against the euro. The recovery was based on profit taken. The speculations that the inflation in the euro zone rises are the major factor for the weak dollar. The investors expect to see steps by the European Central Bank to raise the interest rates in a short time. FS Team forecasts for today is slowly recovery of the dollar as far at the end of the day the dollar will lose the gains by the last 12-hours.