Good morning. Hope all is well! We have had a bit of a turmoil on our forecast for yesterday, with only a 43% accuracy. Both US dollar and Japanese yen were sidelined through the day. US and Canadian dollar pairs are on our watch list for today, on account of the fundamental watch. We could see a weak US dollar and Japanese yen. Adding two 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 1.08852 and 1.08557.
Fundamental Watch
– Fed Chair Yellen Testifies
– Core CPI m/m
– Building Permits
– CPI m/m
– Core CPI m/m
– Prelim UoM Consumer Sentiment