Good morning. Hope all is well! We have had an above average forecast for yesterday with a 57% accuracy on our predictions. Both Japanese yen and US dollar were on the weak side of things. Seems like we could be in for a busy day today with many fundamentals coming out throughout the day that can effect major trading pairs. The two Oceanic currencies (AUD, NZD), British pound and Canadian dollar are on our watch list. Going to take mixed stance on both greenback and the yen. Adding three 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 1.12002 and 1.12296.
Fundamental Watch
- Manufacturing Production m/m
- Building Permits m/m
- BOC Rate Statement
- Overnight Rate
- Official Cash Rate
- RBNZ Rate Statement
- RBNZ Press Conference
- Employment Change