The recent Non-Farm Payrolls release will again haunt the market this week. The weaker than expected figures lead to last week’s dollar rally with the expectation of government tapering receding.
Category: Trading Analysis
Following on from last week’s weaker than expected Non-Farm Payrolls data, the dollar is likely to see further early pressure this week.
The first full trading week of 2014 sees a significant amount of data due for release. Following on from the Christmas and New Year market closures, this week we see the markets in full...
With many markets reaching highs over the previous week, markets are expected to consolidate gains over the upcoming holiday period.
Another week, another focus on the dollar. It seems that the potential for US dollar tapering will fixate the markets up until the Christmas period and possibly beyond.
Following on from a week which was littered with news releases, this week the pace slows.