European & US sessions forecast levels: 1.3750/1.4140
Trend Sessions: European: Upward
Market Focus: 8:30 AM Personal Income, Personal Spending, PCE Core, 9:55 AM Michigan Sentiment-Rev.
Daily Strategy: The decision of the Federal Reserve to keep the interest rates close to zero push the investors to turn back to risky assets. The dollar is set under pressure. The trades prefer the risk these days as the risky appetite rises. The dollar will remain under pressure, as the stability of the world currency is not attractive these days. It is expecting temporary recovery of the dollar today but as overall the pressure against the dollar will remain.