With a lackluster session yesterday, we're looking forward to the rest of the week that's filled with important economic events. Most importantly we'll be paying close attention to BOE and ECB economic outlooks as well as expectations for future interest rate policy. Any change in wording may lead the way for a big move. We expect both, the BOE and ECB to be optimistic, yet cautious. Both know that verbal cues are very important and confidence in the economic recovery is of utmost importance at this time.

Don't forget, we will be hosting Live! Trading sessions this week. Premium members may access the direct link in the Members Downloads section. The room will be open 15 minutes prior to trading.

If you'd like a more detailed analysis with potential trade opportunities during our live trading session, please join us in the member's area.