The today’s forex forecast is trading close to levels of 1.3600. The traders will not take the risk ahead the Federal Reserve meeting on Wednesday. The words of Fed for the interest rates expectations during 2007 are on focus. On Wednesday are not expecting changes of the current interest rates level.
The trading today is expecting at levels of 1.3570 to 1.3660. For the European session the dollar will continue to fall against the euro slowly to levels of 1.3630/45. If the resistance there is not enough the dollar will fall to 1.3660. Till the news from Wednesday the traders will not start buying dollars and is expecting new test of the record low dollar levels against the euro.
Source from :- forex site
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