European & US sessions forecast levels: 1.4760/1.5060
Trend Sessions: European: Neutral/Downward
Market Focus: 8:30 AM Durable Orders, Durable Orders ex-transportation, 10:00 AM New Home Sales.
Daily Strategy: The dollar recovery against the euro continues. The one of the reason for the strong dollar support is the expectations for the Federal Reserve to signal the timeframe when will start with the hike of the key interest rates. The Fed may change the language about the interest rates politic that help to the dollar to recovery but as overall many traders expect weak dollar in long-term view.