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USD/EUR Forecasts for January 25, 2012

Published 01/25/2012, 02:14 AM
Updated 05/14/2017, 06:45 AM
EUR/USD
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USD/EUR
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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

EURUSD

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