EUR/USD (1.3635)
European & US sessions forecast levels: 1.3570/1.3860
Trend Sessions: European: Neutral
US: Neutral/Downward
Market Focus: 8:30 AM Non-farm Payrolls, Non-farm Payrolls Private, Unemployment Rate, Average Workweek, Hourly Earnings.
Daily Strategy: The investor's expectations by the speech of European Central Bank president Jean-Claude Trichet not happened. The investors expect Trichet to hint for interest rates rise in the euro zone in a short time due too rising inflation. But Trichet signal that the inflation is not a problem and the interest rates will remain at 1.00% for a long time. That was the signal for strong euro sells. Today the most important events come from United States as FS Team is expecting positive data for the jobs market.