All the pairs seems to be in a range, however they are in sync. I’m expecting the US Dollar to overall strengthen together with Japanese Yen. I’m not adding any pairs to the hedged currency pairs list to offset the trading risk.
Forecasts Outlook
US Dollar: Strong
Today we're expecting the EUR/USD to proceed Short below the barrier levels of 1.28550 and 1.28840.
Fundamental Watch
- BOC Rate Statement
- Overnight Rate
- Building Approvals m/m
- Private Capital Expenditure q/q