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Pair Expectation, target value – maximum or minimum for the day
AUDUSD up, target: 0.7350
EURUSD up, target: 1.1100
USDCAD down, target: 1.3500
GBPUSD down, target: 1.3800
USDJPY down, target: 110.00
USDNOK down, target: 8.300
CPI for Euro-Zone is due for release this coming Thursday. Considering that inflationary wave is manifesting itself in the US economy, it is rather difficult to imagine that CPI data for Euro-Zone will remain subdued. Provided this will be the case, EUR might run on alleviated risks of another round of QE. Durable Goods orders in the US might come out on weak side leading to fall of stock indexes and flow into safe-heaven currencies.
AUDUSD up, target: 0.7350
EURUSD up, target: 1.1100
USDCAD down, target: 1.3500
GBPUSD down, target: 1.3800
USDJPY down, target: 110.00
USDNOK down, target: 8.300
CPI for Euro-Zone is due for release this coming Thursday. Considering that inflationary wave is manifesting itself in the US economy, it is rather difficult to imagine that CPI data for Euro-Zone will remain subdued. Provided this will be the case, EUR might run on alleviated risks of another round of QE. Durable Goods orders in the US might come out on weak side leading to fall of stock indexes and flow into safe-heaven currencies.
