Good morning. Hope all is well. We seem to have had a modest forecast for yesterday with a 71% accuracy on our predictions. As we had expected the Japanese Yen had weakened through the day. US Dollar had also weakened by a few points on our scale. British pound, Canadian dollar and US Dollar pairs are on our watch list today on account of the fundamental watch. Both Japanese yen and US Dollar currencies could let out some steam today. Not adding 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 1.05692 and 1.06000.
Fundamental Watch
– Employment Change
– Unemployment Rate
– PPI m/m
– Prelim UoM Consumer Sentiment
– MPC Member Haldane Speaks