Tuesday, July 29, 2014

Euro And Aussie Drift As The US Dollar Strengthens But GDP And FOMC Are Huge Hurdles

Looking first at the GDP – which is going to a monster number for the Euro – the market is expecting an annualised outcome of a massive 3% for Q2 according to the FX Street economic calender. There is a lot of implied give back from the weakness in Q1



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