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Forex in 60 Seconds - A Fed, ECB, BoE And RBA Rate Decisons Promise Volatility Next Week

Friday, 01 August 2008 21:50:01 GMT

Written by John Kicklighter, Currency Strategist

 ·          Non-farm payrolls sparks volatility, but major breakouts dollar breakouts are still up to next week's FOMC decision.
 ·          A busy economic docket could finally restore volatility to a flickering currency market.

Stories to watch on DailyFX

·          Congestion in USDJPY reflects congestion in the carry trade. Could a break for the major recharge the carry trade and risk appetite?
·          The New Zealand dollar has fallen sharply recently - could it drop even further?

Send any comments or questions to jkicklighter@dailyfx.com.

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