EUR/USD (1.4836)
European & US sessions forecast levels: 1.4765/1.5145
Trend Sessions: European: Neutral/Downward
US: Neutral/Downward
Market Focus:
Daily Strategy: The latest U.S. jobs report was so positive that Fed officials signal that the interest rates hike is possible soon. The key interest rates in United States are at record low of 0.25% as the forecast was to leave at 0.25% at least to the mid of 2010 or even in whole 2010. But the better jobs report may push the Fed to raise the interest rates soon. The dollar still holds the gains from Friday that is positive signal for further dollar recovery. We recommend opening short positions, as sell on high corrections.