My Forecast

01:00GMT Good Morning Friends, As per yesterday's high and reversal I think EURs are tired.. I think yesterday's new highs in EURs was just players one saying new USD QE. The fundamentals say except germany all other countries in EU are in bad shape (worse than USA). With this in mind USD getting cheaper is just profit taking by some long-term players. GBP may try new high as new govt is about to compromise on speed of cutbacks. Data releases for JPYs & EURs in Morning session.