EUR/USD (1.2325)European & US sessions forecast levels: 1.1875/1.2350Trend Sessions: European: NeutralUS: Neutral/DownwardMarket Focus: 8:30 AM Housing Starts, Building Permits, PPI, Core PPI, 9:15 AM Capacity Utilization, Industrial Production. Daily Strategy: The trades continue to sell dollars following the trend. After the Moody's Greece rating cut the euro remain firm. The recovery of the euro is a temporary process but may continue in the coming days. There are not clear signals for today's trading as the chances for dollar recovery of the recent losses against the euro rises.
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