Our previous forecasts headed in our direction for the most part, specially EUR/USD, USD/CHF, NZD/USD and EUR/JPY. Yesterday the US Dollar weakened and Japanese Yen Strengthened against many pairs. Today we have a few fundamental news items coming out that could affect the Oceanic pairs. We could see a Sidelined US Dollar and a Strong Japanese Yen. Adding two hedged pairs to offset the trading risk. Happy trading everyone!!
Forecasts Outlook
US Dollar: Mixed Sentiments
Today we're expecting the EUR/USD to proceed Short below the barrier levels of 1.37873 and 1.37578.
Fundamental Watch
- Official Cash Rate
- RBNZ Press Conference
- RBNZ Rate Statement
- RBNZ Gov Wheeler Speaks
- Employment Change
- Unemployment Rate
EUR/USD" title="EUR/USD" height="587" width="439">