Good morning everyone. Our forecasts yesterday went exceptionally well even with our hedged pairs. Today, I'm seeing a balance restored back into the US Dollar's correlation. I'm expecting the US Dollar to continue to weaken overall. I'm not adding any hedged pairs today to offset the trading risk.

Currency Outlook

US Dollar : Weak

Long : EURUSD

Today we're expecting the EURUSD to proceed Long above the barrier levels of 1.22526 and 1.22220.

Fundamental Watch
- German ZEW Economic Sentiment
- BOE Gov King Speaks
- BOE Inflation Letter
- Core CPI m/m
- BOC Rate Statement
- Fed Chairman Bernanke Testifies

EURUSD