The Dollar ended this past week with a discernible lack of direction – despite holding just off 13-year highs. The FOMC decision is still more than a week away. Meanwhile, the ECB rate decision and Euro volatility are at hand.
NFPs Leaves Dollar Hanging But Indecision Won’t Hold Out Until Fed
Both the Dollar and benchmark US equity indexes were positioned for a dramatic move through the end of this past week.
Australian Dollar May Suffer as the RBA Resurrects Rate Cut Bets
The Australian Dollar may face selling pressure as soft news-flow and rising yields inspire dovish RBA rhetoric, rekindling near-term rate cut speculation.
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