Forecasts for December 22

 | Dec 22, 2011 02:44AM ET

Good morning everyone. Yesterday's market gave a quick and short gain to our portfolios but did not follow our forecasts throughout the day. Hedged USDCHF added alot of value to our portfolios yesterday. Today, I have mixed sentiments on the US Dollar. I'm adding Oceanic pairs as hedged currency pairs to offset the trading risk today. Conservative traders stand aside.

Currency Outlook

US Dollar : Mixed Sentiments

Short : EURUSD

Today we're expecting the EURUSD to proceed Short below the barrier levels of 1.30492 and 1.30861.

Fundamental Watch
- Current Account
- Unemployment Claims