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Forex Weekly Outlook October 6-10
The US dollar did experience a correction, but this did not last too long and it eventually ended the first week of Q4 with gains across the board. Rate decisions in Japan and the UK, employment data in Australia and Canada and the FOMC Meeting Minutes are the major market movers on FX calendar week. Here is an outlook on the top events coming our way. The excellent US Non-Farm Payrolls report was convincing enough to erase the bad impression from August and end the dollar correction: the US gained 248K and revisions added another 69K. This eventually sent the greenback to new highs against quite a few currencies, ... (full story)
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- Edited 4:24am Oct 4, 2014 3:50am | Edited 4:24am
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