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Forex Weekly Outlook August 5-9

From forexcrunch.com

The US dollar managed to end the busy week a bit stronger, but the NFP took some of the wind out of its sails. ISM Non-Manufacturing PMI, US trade balance, and jobless claims, as well as rate decisions in Australia and Japan are the main market movers for the week ahead. Here is an outlook on the top events on our calendar. Last week the NFP release was a big disappointment with a lower than expected gain of 162K jobs in July. Economists expected a bigger increase of 184K. This came after an encouraging number from ADP: a 200K addition in private sector jobs. This reading sends mixed signals to the U.S. Federal ... (full story)

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