By Forex Watchers
| Feb 01, 2013 12:12PM GMT |
Thursday's market gave mixed sentiments toward our forecasts and some pairs picked up quite well such as GBP/USD. Today, we've upgraded our forecasts and the ranges are now even tighter. I'm expecting some swings today as there is NFP news release later on in the day. All in all, I see the US Dollar gaining strength before weakening. We have now also added the precious metal Gold.Currency Outlook
- US Dollar : Swing (Strong then Weak)
- Gold : Strong
- Long : XAUUSD
Today we're expecting the XAU/USD to proceed Long above the barrier levels of 1661.81 and 1657.99.Fundamental Watch
- Manufacturing PMI
- Nonfarm Employment Change
- Unemployment Rate
- ISM Manufacturing PMI
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