US Monetary Policy, Non-Farm Payrols, and the Currency Markets
|The past two weeks has seen a sea of change in the talking points of the currency market, as people remain disappointed with US economic data the belief on a June rate hike wavered and with-it what strength the dollar had retained. This week we are once again facing a key forward looking economic figure, the US Non-Farm Payroll results. Beat the consensus and we will likely revive the June rate hike story, fall well short and we may have to think rate action even further than September. Join Mark de la Paz as we discuss how the US Jobs data could dictate broad market themes for the currency markets in the coming weeks.
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