Good morning everyone. We had mixed sentiments again yesterday and were able to capture the initial swings into the European session only. Today, I'm expecting the US Dollar to overall weaken. I'm adding a few pairs to offset the trading risk. Gold looks like it wants to make a further correction short for today.
Currency Outlook
US Dollar: Weak
Long: EUR/USD
Today we're expecting the EUR/USD to proceed Long above the barrier levels of 1.35508 and 1.35314.
Fundamental Watch
- Ivey PMI
- Employment Change q/q
- Unemployment Rate