Analysis

The USD could see further volatility during the New York session [Video]

At the end of a crazy busy and volatile week, we have a relatively light economic calendar today, especially during the Asian and European trading sessions. The USD could see further volatility during the New York session, with the US Advance Retail Sales (AUG) out at 12:30 PM GMT, U.S. of Michigan Confidence (SEP P) at 2 PM, and weekly Baker Hughes U.S. Rig Count at 5 PM. Retail sales, reading the monthly measure of sales of goods to consumers at retail outlets is expected to tick lower to 0.1% from the previous reading of 0.6%. A better than expected reading could help the USD end the week on a high note. Thanks for watching, have a great weekend and come back for more from Capital Index and Invest Diva next week.

 


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