samedi 7 février 2015

Key Fundamental Factors this Week (2/9-2/13)

Last week, US NFP surprised to the upside, not only with January’s reading, but with the strong revisions to December’s and November’s readings. The USD ended the week taking back some of the losses in the past week. Let’s see what’s in store for us this week in terms of fundamental factors. Business confidence may have bottomed after a 4 month slide. Let’s see if the reading can stay above 0 and start heading higher. The AUD is not likely going to be supported simply by a strong business confidence reading per se, but a good release can start slow down the AUD’s decline, or give an existing pullback a little nudge. UK Manufacturing data has been volatile month to month. A 0.3% reading would unimpressive but not negative. For the GBP, the market is more likely to be awaiting the BoE inflation report on Thursday (2/12).




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Key Fundamental Factors this Week (2/9-2/13)

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