Employment Data and Interest Rates Comes Into Focus This Week
By:
Jutia Group
Posted on October 31, 2011 at 04:30 AM EDT
Source: ForexYard Employment Data and Interest Rates Comes Into Focus This Week With a heavy news day ahead, many traders are awaiting this week's data releases before buying into riskier assets, especially with this week's employment and interest rate focus. With today's high liquidity, some heavy movement is expected, though this is just the start of a very volatile week; a fact alone which could hold liquidity back. Economic News USD – US Dollar Gains Ground at Start of Non-Farm Week The US dollar (USD) was seen trading moderately bullish Monday morning as traders saw a small increase in risk aversion following last week's economic reports. The EUR/USD rose last week following the completion of a long-term consolidation . . . → Read More: Employment Data and Interest Rates Comes Into Focus This Week
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