Good morning everyone. Yesterday's market went as per our forecasts and gave a decent return. Today, I'm expecting the US Dollar to overall lose strength. I do see some strength but not enough to shift the market. Therefore, I'm going to add a few pairs as hedged currency pairs to offset the trading risk today.

Currency Outlook

US Dollar : Weak

Short : EURUSD

Today we're expecting the EURUSD to proceed Short below the barrier levels of 1.24258 and 1.23872.

Fundamental Watch
- RBA Rate Statement
- Foreign Currency Reserves
- CPI m/m
- Manufacturing Production m/m
- Building Permits m/m
- Ivey PMI
- Current Account

EURUSD