Good morning. Hope all is well! Apologies for not being able to get the forecast out for yesterday due to technical issues. Over the past two days, both US dollar and Japanese yen currencies have been on the weak side. Euro and New Zealand, Canadian and US dollar pairs are on our watch list due to fundamentals for today. We could be in for a sidelined day for both US dollar and Japanese yen. Adding two hedged pairs to offset the risk. Happy Trading!
Forecasts Outlook
US Dollar: Mixed Sentiments
Today, we're expecting the EUR/USD to proceed Short below the barrier levels of 1.11359 and 1.11650.
Fundamental Watch
– Core Retail Sales m/m
– Retail Sales m/m
– Unemployment Claims
– Retail Sales q/q
– Greek Gov Debt Crisis Vote
– German Prelim GDP q/q
– Manufacturing Sales m/m