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Forex Weekly Outlook Aug 29- Sep 2
The US dollar made a big surge very late in the week to emerge as the winner against most currencies. US CB Consumer Confidence, Canadian GDP data, US ISM Manufacturing PMI as well as the all-important NFP on Friday stand out. These are the primary market movers on our weekly outlook. Join us as we explore the highlights of this week. Last week, Fed Chair Janet Yellen signaled that the odds for a rate hike this year have strengthened, but the timing remained vague. Yellen noted the consumer demand and labor market have improved. According to estimates, the Fed will hike rates next in December, since it is unlikely ... (full story)
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