EUR/USD (1.2699)
European & US sessions forecast levels: 1.2525/1.2900
Trend Sessions: European: Neutral/Upward
US: Neutral/Downward
Market Focus: 8:15 AM ADP Employment Change, 10:00 AM Construction Spending, ISM Index, 2:00 PM Auto Sales, Truck Sales.
Daily Strategy: The dollar made some losses against the euro after the positive news for U.S. Consumer Confidence. The news pushes the investors to buy U.S. Stocks that cause weak dollar. But the signals for recovery of the U.S. economy are not enough. expects to continue the dollar recovery in the coming days. It is expecting worse reports for today's fundamental data that may back the investors to safety dollar.