European & US sessions forecast levels: 1.2525/1.2900
Trend Sessions: European: Neutral
Market Focus: 8:30 AM GDP Second Estimate, GDP Deflator Second Estimate, 9:55 AM University Michigan Sentiment. Ben Bernanke speech today.
Daily Strategy: The trading narrows ahead a key speech of Fed chairmen Ben Bernanke later today. The expecting GDP report today probably will send turn signal for the world largest economy. The news at 8:30 will be key for the markets trading. It is expecting speculative trading or trading in a short range till the key news later today.