EUR/USD (1.3306)
European & US sessions forecast levels: 1.3245/1.3570
Trend Sessions: European: Downward
US: Downward
Market Focus: 8:30 AM Continuing Claims, Initial Claims, 3:00 AM Germany GFK Consumer Sentiment, 3:45 AM France Consumer Spending.
Daily Strategy: It is started the debt crisis in whole Europe. After the Greece debt problems Portugal is the next country with the same problem. There are also rising worries for other parts of Europe like Spain, Ireland, Italy and others. The dollar uses the advantage and gains more than 200 pips for the last two days against the euro. The dollar will continue rise as the debt crisis in the Euro Zone rises.