European & US sessions forecast levels: 1.3605/1.4245
Trend Sessions: European: Neutral
Market Focus: 8:30 AM Non-farm Payrolls, Non-farm Payrolls Private, Unemployment Rate, Hourly Earnings, Average Workweek.
Daily Strategy: The European Central Bank follow the central bank of Australia and cut the interest rates with quarter of percent to 1.25%. The decision surprises the investors as most of them expect that action after couple of months. For the moment the euro remain strong against the dollar and may continue rise slowly. The most important event today comes by United States, the reports for the new open jobs and unemployment rate. It is not expecting surprises but always the non-farm payrolls report is very important and can move the markets.