EUR/USD (1.2498)European & US sessions forecast levels: 1.1875/1.2540Trend Sessions: European: NeutralUS: Neutral/DownwardMarket Focus: 8:30 AM Non-farm Payrolls, Unemployment Rate, Hourly Earnings, Average Workweek, 10:00 AM Factory Orders, 5:00 AM EU PPI. Daily Strategy: Serial of bad data for the world largest economy pushes the dollar to 1-month low against the euro. The recession concerns is still on the way. For today the traders will expect the key U.S. jobs report. It is very important moment because is expecting worse data that may turn the tendency for recovery of the U.S. economy. The expectation for worse data was generating with the yesterday dollar falls and may start with the dollar recovery today.