EUR/USD (1.4308)
European & US sessions forecast levels: 1.4255/1.4590
Trend Sessions: European: Neutral/Downward
US: Neutral/Downward
Market Focus: 8:30 AM Export Prices ex-ag, Import Prices ex-oil, 10:00 AM Wholesale Inventories.
Daily Strategy: The problems in the euro zone rise these days. The rumors that Greece may leave the euro zone may seriously damage the single European currency. The rating worries for different countries in the euro zone are also major factor for the weak euro these days. FS Team expects continue of the dollar recovery against the euro. The trading strategy for today is to open short positions as sell on high corrections.