EUR/USD (1.5535)
European & US sessions forecast levels: 1.5460/1.5630
Trend Sessions: European: Neutral
US:
Neutral
Market Focus: 10:00 AM Construction Spending, ISM Index,
4:00 AM Manufacturing
PMI, 8:30 AM ECB
President Trichet Speaks.
Daily
Strategy: The traders waiting this week the key speeches
of Fed chairmen Ben Bernanke and European Central Bank chief Trichet. The
economic slow down by the high oil prices, inflation and US crisis with the
interest rates politic is on focus. ISM Index release today is expecting to
give market direction. Till then we expect to see movements into both
direction. We recommend trading within the trading range today.
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