Good morning everyone. Yesterday's market gave mixed results to our projected forecasts. Today, I'm expecting the US Dollar to weaken across the board. I'm not adding any pairs to the hedged currency pairs list to offset the trading risk today.
Currency Outlook
US Dollar : Weak
Long : EUR/USD
Today we're expecting the EURUSD to proceed Long above the barrier levels of 1.30161 and 1.29759.
Fundamental Watch
- German IFO Business Climate
- MPC Meeting Minutes
- Prelim GDP q/q
- Pending Home Sales m/m
- FOMC Statement
- FOMC Press Conference
- Official Cash Rate
- RBNZ Rate Statement