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Forex Weekly Outlook Sep. 30- Oct. 4
Markets were looking for a direction after the FOMC decision. As a new quarter begins, the calendar is packed with important events. In the US, we PMIs and employment indicators culminating in the Non-Farm Payrolls on Friday, Ben Bernanke’s speech and rate decisions in Australia, the Eurozone and Japan are are also key events. Here is an outlook on the major events ahead. Last week, new concerns about the impending debt ceiling imposed on the greenback’s gains as Republicans in the US House of Representatives refused to okay raising the debt ceiling limit, unless Obama delays the full implementation of the ... (full story)