European & US sessions forecast levels: 1.3530/1.3840
Trend Sessions: European: Neutral
Market Focus: 8:30 AM Continuing Claims, Initial Claims, PPI, Core PPI, 10:00 AM Leading Indicators, Philadelphia Fed.
Daily Strategy: The dollar fast back to the levels close of 1.35 after mass sell of the European single currencies due too rising fears about the debt levels and poor growth prospects. On the other side the International Monetary Fund will start sell gold from the billions holding. During the European session is expecting temporary recovery of the euro after that will follow new downtrend with possible attack of the current key support level at 1.3530.