Good morning. Hope all is well. Again we seem to have had good forecast with a 71% accuracy. Japanese yen did strengthen as expected. Today we do have many fundamental news items coming out that may effect British pound, Canadian, Australia and US dollar pairs. Through the day we could be in for a weak US dollar while Japanese yen may sideline. Adding one hedged pair 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 1.13501 and 1.13205.
Fundamental Watch
– Retail Sales m/m
– Official Bank Rate
– MPC Rate Statement
– Trade Balance
– Trade Balance
– Unemployment Claims