The US dollar managed to recover in the week after Thanksgiving on positive data, upbeat Fed statements, imminent tax cuts, and despite a major development in Trump’s troubles. The Non-Farm Payrolls is the key event and we also have rate decisions from Australia and Canada Here are the highlights for the upcoming week. Australian rate decision: Tuesday, 3:30. This is the last decision of the year and the RBA does not meet in January. ...
Week Ahead: The question about the importance of the ‘Yellen put’ as a driver of the risk rally will become more relevant next week "The question about the importance of the ‘Yellen put’ as a driver of the risk rally will become more relevant next week when US data could highlight the temporary nature of the latest economic slowdown and the continuing tightening of US labour market conditions. Given how entrenched the latest USD-bearishness ...
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