EUR/USD: Mixed Sentiment

 | Aug 19, 2013 01:42AM ET

Friday’s forecast had a bit a of a turmoil. The pairs did not have the strength to reach our blue zones. The US Dollar has been weak for sometime but has been gaining some steam against a few pairs. Japanese Yen is looking like it is turning from a strong position to a weak one on the long run. Today we are going to take a mixed outlook on US Dollar while Japanese Yen could strengthen. Adding two hedged pairs to offset the trading risk.

Forecasts Outlook
US Dollar : Mixed Sentiment

Today we're expecting the EUR/USD to proceed Short below the barrier levels of 1.33311 and 1.33640.

Fundamental Watch
- Monetary Policy Meeting Minutes