Good morning. Hope all is well! We have had a good forecast for yesterday with 6 out of the 7 pairs conforming to our forecasts. As expected the US Dollar had strengthened. Would be good to keep a close eye on Euro, Canadian and New Zealand Dollar pairs due to our fundamental watch. We could be looking at another strong day for the US while the Japanese Yen could be sidelined. Not adding any hedged pairs to offset the trading risk. Happy Trading!
Forecasts Outlook
US Dollar: Strong
Today we're expecting the EURUSD to proceed Short below the barrier levels of 1.28735 and 1.28432.
Fundamental Watch
– French Flash Manufacturing PMI
– German Flash Manufacturing PMI
– Core Retail Sales m/m
– Trade Balance
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