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
Gold : Weak
Short : GOLD
Today we're expecting the GOLD to proceed Short below the barrier levels of 1674.43 and 1672.11.
Fundamental Watch
- Ivey PMI
- Employment Change q/q
- Unemployment Rate