Daily Forecast by by Angel Kolev
EUR/USD (1.5372) European & US sessions forecast levels: 1.5280/1.5495
Trend Sessions: European: Neutral/Upward
Market Focus: 2:00 PM Treasury Budget, 3:45 AM French CPI, 6:00 AM Industrial Production.
Daily Strategy: The Fed for first time supports the falling dollar. The dollar but is again under new pressure today as is far 100 pips away from the recovery point and about 100 pips away from the new record level against the euro. The Fed is necessary to make new steps...
Last Updated: March 12 2008 01:31 AM ET - Daily Forecast