Monetary policy divergence is the name of the game

In the first morning show on FXStreet, we talked about how the Fed was still prominent, with rising expectations for a Fed hike in December boosting the greenback across the board. This comes after a few bullish speeches from Fed officials. In the euro-zone, we have heard a different tune, with more talk about QE. The bigger elephant in the room is China, with the upcoming manufacturing PMI looming.

In the show we also covered the recent upbeat Australian data, the asymmetrical impact of oil on the Canadian dollar and of course, the impact of the Greek elections on the euro going forward. No impact now doesn’t mean another crisis later on.

Originally published here.

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