EUR/USD (1.2594)
European & US sessions forecast levels: 1.2165/1.2720
Trend Sessions: European: Neutral/Upward
US: Neutral/Downward
Market Focus: 8:30 AM Trade Balance, 2:00 PM Treasury Budget, 2:00 AM Germany Wholesale price index.
Daily Strategy: The investors back to safety as buy dollars on Monday. The health in the European Banking system is one of the reasons for the dollar gains. The global recession is on the way to back with a second wave. The both largest economy in the world the European and United States are much more vulnerable than the rest. For today is expecting mix trading and focus over the U.S. Trade Balance.

Forex Forecasts by FS Team