Good morning. Hope all is well! We seem to have had a bit of a turmoil on our forecast for yesterday with most of our pairs not behaving as expected. However as we expected the US and Yen did strengthened a little bit but was not enough to be a market mover. British Pound and Canadian Pairs are on our watch list for today on account of the fundamental watch. US Dollar may continue to gather some steam through today while Japanese Yen may weaken. Adding one hedged pair to offset the risk. Happy Trading!
Forecasts Outlook
US Dollar: Strong
Today we're expecting the EURUSD to proceed Long above the barrier levels of 1.13422 and 1.13690.
Fundamental Watch
– BOC Monetary Policy Report
– BOC Rate Statement
– Overnight Rate
– BOC Press Conference
– BOE Gov Carney Speaks
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Week ahead – US inflation numbers to shake Fed rate cut bets
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