Yesterday's markets gave mixed results to our forecasts. Today, I'm expecting the US dollar to swing creating a mixed sentiments approach. I've added several pairs as hedged currency pairs to offset the trading risk today.
Currency Outlook
US Dollar: Mixed Sentiments
Short: EUR/USD
Today we're expecting the EUR/USD to proceed Short below the barrier levels of 1.33589 and 1.34024.
Fundamental Watch
- CPI y/y
- BOE Inflation Letter
- Core Retail Sales m/m
- PPI m/m