EUR/USD (1.2619)European & US sessions forecast levels: 1.2525/1.2800Trend Sessions: European: Neutral/DownwardUS: Neutral/DownwardMarket Focus: 8:30 AM Trade Balance, 2:00 PM Treasury Budget, 2:00 AM Germany GDP, 2:45 AM France GDP, CPI, HICP, 5:00 AM EU GDP 1st Est, EU Industrial production. Daily Strategy: The huge financial help to safe the Euro is money throw for nothing comments forex-strategy.com. The sum of $1 trillion would not safe the euro. This is obviously only a day after the decision for the rescue plan. The money will be used not only for Greece but also for the expecting new debt crisis in Portugal, Spain and others. The euro will continue to fall in the coming days, weeks even months.
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