EUR/USD (1.3714)
European & US sessions forecast levels: 1.3500/1.3935
Trend Sessions: European: Neutral
US: Neutral/Upward
Market Focus: 8:30 AM Initial Claims, Continuing Claims, CPI, Core CPI, Empire Manufacturing, Current Account, 9:15 AM Industrial Production, Capacity Utilization, 10:00 AM Philadelphia Fed.
Daily Strategy: The euro is under pressure as the economist predicts chances for Greece bankruptcy at 98%. If Greece bankruptcy will force the debt fears in other countries in the Euro Zone likes Spain and Portugal. The markets focus today over the expecting key conference of the leaders of Greece, Germany and France later today. The news by the conference will move the markets today expects FS Team.