EUR/USD (1.3464)
European & US sessions forecast levels: 1.3380/1.3840
Trend Sessions: European: Neutral
US: Neutral/Downward
Market Focus: 8:30 AM Initial Claims, Continuing Claims, Durable Orders, 2:45 AM France PPI, Consumer Confidence, 3:55 AM Germany Unemployment, 4:00 AM EU M3, 5:00 AM EU Business Climate, Consumer sentiment, Economic sentiment, Industrial sentiment.
Daily Strategy: The risky appetite is limited these days that help to the dollar to continue gain. The Greece debt crisis and the rising strike continue to send signals to the traders to sell euro. The expecting Bernanke comments this European afternoon will be on the focus also. It is expecting the traders to make a clue when Bernanke is ready to start with the interest rates rise. It is expecting very dynamic trading day with many important events today.