As of this posting I have not published the actual check forcast EUR USD, but if you read the news in Monex, my estimate is correct, while the euro rose above 1.3008 at 20:00 before the first round of news releases, even though the EUR still face pressures related Euro action profit taking and investors who sell-on-fact. So that seems to rise in EUR not be long, just be careful for the surviving Buy on EUR USD.
Due to other results of the meeting of the European countries and the IMF said, the focus will turn to the U.S. for fiscal negotiations. EUR / USD is at 1.2984 from 1.2969 previously. Thus words Kengo Suzuki, forex strategist at Mizuho Securities, which I took from Monex. When I look at Forexfactory,
"Without prejudice to the opportunity to reach agreement on Greek aid, some other news shows if the technical and legal obstacles remain. Was indicated if the potential for failure is looming," said Nick Bennenbroek, head of currency strategy at Wells Fargo in New York. And At the same time the U.S. dollar sank back while the stock SP500 back to opening levels near 1407, resumed following recovery from a daily low of 1407. Gold and oil are still moving steady.
Not a lot of news that emerged from the Asian session, until the release of data on the U.S. Core Durable Goods Orders. But the possibility of sinking the U.S. dollar would not be long because in Washington, members of Congress are still negotiating to reach a solution of national fiscal problems. Legislative officials pressured by society and the media to immediately sign an agreement with the government. After the first meeting with Barack Obama two weeks ago, the congressman is optimistic a resolution could be reached soon. So far the market is still skeptical about the results despite lobbying the government and congressional compact said that progress had been there. "We do not believe there has been significant progress of the negotiations," said Marc Chandler, chief currency strategist at Brown Brothers Harriman. Chandler considers both parties are responsible for fiscal matters. So that seems bullish EUR will be back, although when this article is still at 1.2975 EUR. Well for those of you who have a different analysis of this article please interrupt, because if you want to discuss taking the time, I was very excited to sharpen our analysis of the Forex Currency EUR USD.
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