Good morning. Hope all is well. We have had a good forecast for yesterday with a 86% accuracy. Except for GBPUSD all pairs behaved close to how we have thought possible. As expected Japanese Yen also ended up weakening by two points on our scale. Today we are going to have a special interest on New Zealand dollar as all the fundamental news items due to come out are related to this currency. We could see some movements on NZD pairs. Thought today we could be seeing a weak US Dollar together with Japanese Yen. Adding one hedged pair to offset the risk. Happy Trading!
Forecasts Outlook
US Dollar: Weak
Today we're expecting the EURUSD to proceed Long above the barrier levels of 1.12916 and 1.13300.
Fundamental Watch
– FOMC Statement
– Federal Funds Rate
– Official Cash Rate
– RBNZ Rate Statement
– Trade Balance
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