Heavy Event Risk in Jobs Data, Rate Decision Will Confront Summer Trading
We are in the full swing of Summer trading conditions, but will a focus on monetary policy and unease in investor positioning break the quiet?
There are periods where the Dollar – and all other assets for that matter – finds its price action is divorced from the influence of regular event risk. This does not look to be one of those times.
EURUSD is proving highly-sensitive to shifting rate hike expectations around the timing of the Fed’s first rate hike. Economic data in the days ahead should keep this trend going.
Significant reversal in China and broader financial markets sparked a swift reversal and ultimately pushed the currency to fresh monthly lows. Here’s what to watch.
The Australian Dollar is likely to turn volatile anew as the RBA monetary policy announcement and much-anticipated US jobs data comes across the wires.
Gold prices are lower for a sixth consecutive week with the precious metal down 0.36% to trade at 1095 ahead of the New York close on Friday.
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