FX: WHY TRADING WILL REMAIN INTERESTING

All 3 of the central banks meeting next week could potentially change monetary policy. QE3 is still on the table for the Federal Reserve while some economists believe that the European Central Bank and the Reserve Bank of Australia could lower interest rates. More easing is not a done deal in any of these cases and because of that, there could be quite a bit of volatility in the USD, EUR and AUD in the coming week. Economic data has not been horrid and the debt deal in Europe helped to restore some stability in the financial market.

 

http://www.fx360.com/commentary/kathy/6404/fx-why-trading-will-remain-interesting.aspx

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