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EUR/USD Forecast: December 6, 2012

Published 12/06/2012, 04:28 AM
Updated 05/14/2017, 06:45 AM

Yesterday's markets ended up turning around on the forecasts and respecting EUR/JPY's big move. Today I'm expecting lots of mixed sentiments on the US dollar. I'm adding several pairs as hedged pairs against each other to offset the trading risk.

Currency Outlook
US Dollar: Mixed Senitments

Short: EUR/USD

Today we're expecting the EUR/USD to proceed Short below the barrier levels of 1.30637 and 1.30962.

Fundamental Watch
- Asset Purchase Facility
- MPC Rate Statement
- Official Bank Rate
- Minimum Bid Rate
- Building Permits
- ECB Press Conference
- Trade Balance
EURUSD

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