EUR/USD: Mixed Outlook On USD
Forex Watchers | Aug 13, 2013 02:03AM ET
Good start to the week as Monday’s forecast headed in our direction for the most part, in fact all pairs, including the hedged pair behaved close to what was thought possible. Overall Japanese Yen seems to be strong and US Dollar has been weak, however the Dollar has been gaining some steam against a few pairs. Today we are going to take a mixed outlook on US Dollar while Japanese Yen could strengthen. Adding three hedged pair to offset the trading risk. Happy trading everyone!!
Forecasts Outlook
US Dollar: Mixed Sentiments
Today we're expecting the EUR/USD to proceed Short below the barrier levels of 1.33307 and 1.33024.
Fundamental Watch
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- German ZEW Economic Sentiment
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