Good morning. Hope all is well. We seem to have had a good forecast for yesterday with a 71% accuracy on our predictions. Both Japanese yen and US dollar currencies have let out a lot of steam through the course of yesterday. Today we are going to keep a close eye on US dollar, New Zealand dollar, Swiss franc and euro pairs as there are many fundamental news items coming out that could affect these markets. Could see a weak US dollar and Japanese yen through today. Not adding any hedged pairs to offset the risk. Happy Trading!
Forecasts Outlook
US Dollar: Weak
Today we're expecting the EUR/USD to proceed Long above the barrier levels of 1.06571 and 1.07908.
Fundamental Watch
– FOMC Economic Projections
– FOMC Statement
– Federal Funds Rate
– FOMC Press Conference
– GDP q/q
– Libor Rate
– SNB Monetary Policy Assessment
– SNB Press Conference
– EU Economic Summit
– Targeted LTRO
– Unemployment Claims
– Philly Fed Manufacturing Index