ECB to cut interest rates due too economic slowdown

By @ibtimes on

EUR/USD (1.3801)
European & US sessions forecast levels: 1.3650/1.4245
Trend Sessions: European: Downward
US: Neutral/Downward
Market Focus: 10:00 AM ISM Index, Construction Spending, Auto Sales, Truck Sales.
Daily Strategy: The pressure over the euro continues as the rumors for Euro Zone interest rates cut rising. The Europe economy slowdown is a signal to the European Central Bank to cut the interest rates on the next meeting. The investors will continue buy dollars. FS Team trading strategy for today is to open short position.

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