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Forex in 60 Seconds: US Dollar Faces Volatile Trading Next Week Amidst Bernanke Testimony and NFPs

Friday, 28 March 2008 21:04:45 GMT

Written by Terri Belkas, Currency Analyst

terriarticle



·          US retail outlook is dim as personal income growth slows to 17-month low, JC Penney slashes earnings and sales guidance
·          Event risk will be heavy next week amidst Bernanke testimony, NFPs, ISM Manufacturing, ISM Non-Manufacturing

Stories to watch on DailyFX

·          Additional rate cuts by the FOMC are likely. Find out why in Watch What the Fed Watches
·
         
(At the risk of calling a short-term EUR/USD top) US Dollar Weakness May Not Be Over Yet.

We love feedback! Send any comments or suggestions to tbelkas@dailyfx.com

 

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