The economic calendar is a big one, compressed into a holiday-shortened week. Market participants will be checking out shortly after the Thursday morning jobs report for an extended weekend – somewhere! Employment data is the focus, but ISM manufacturing, consumer confidence, industrial production, factory orders, pending home sales, and auto sales are also all on […]
Tag: forex traders in Australia
The Debts Continue To Rise
FX markets have been joggled into action, as risk sentiment has not precisely fallen off a cliff, just as the bears always seem to expect on a Monday. Although if pressed for a view, this morning’s price action seems more related to position-squaring on new USD longs rather than anything else. Overall, the FX market […]