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Week in FX Americas – Does Friday’s NFP Change the Landscape?
It looks like it, it feels like it, and for the sake of forex investors everywhere, it seems the market is finally trying to price in the long-awaited USD rally. Currency and CFD (contract for difference) trading is on the rise as a result of the action; a variable that has been amiss since central banks handcuffed capital markets, and FX in particular, with loose monetary policies that served to promote contained currency range trading. With rising U.S. front-end yields encouraging dealers to also back-up, both FX and asset volatility is set to increase. The dollar sits atop key levels across the majors; some at ... (full story)