The economic calendar is nearly devoid of ‘high’ importance data releases from around the globe meaning focus will be squarely on the US docket. Source: Daily FX – Forex Market News
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NFPs underwhelmed an increasingly anesthetized Dollar crowd, but would the currency even responded more definitively to a more dramatic surprise? The Greenback’s bullish options seem to be thinning out. Source: Daily FX – Forex Market News
This morning’s Non-Farm Payrolls report was released with a disappointing print of +146k v/s the expectation of +190k. But – this didn’t deter traders from buying support in the Greenback after a quick test of this week’s lows. Source: Daily FX – Forex Market News
USDCAD is trading near three-month lows ahead of key event risk tomorrow from both the U.S. and Canada. Here are the updated targets & invalidation levels that matter. Source: Daily FX – Forex Market News
AUD/USD marks its longest stretch of advances since September 2007, with the pair at risk for a larger recovery as the bullish momentum appears to be gathering pace. Source: Daily FX – Forex Market News
EUR/USD may continue to exhibit a bullish behavior as the RSI appears to be pushing into overbought territory for the first time since the summer months. Source: Daily FX – Forex Market News
Will the Dollar recover some of its steep declines this past year in 2018? Will risk appetite cool following years of liquidity drain? Read more in our first quarter 2018 forecasts. Source: Daily FX – Forex Market News
Measures of volatility are ending 2017 near their yearly lows, but with political risks lurking around the corner, 2018 should see more excitement in markets. Source: Daily FX – Forex Market News