Monday, June 5, 2017

Special Report - Clear Dollar Weakness

The financial markets were left unaffected by new terror attacks in London this weekend; however the markets have opened with clear weakness in the US dollar following weak jobs related reports.

The Euro hit 2017 highs against the dollar on the back of the discouraging US employment report and with the combination of this soft data and passive hourly earnings will have the Fed seriously revising the planned June rate hike.

Later this week, the ECB will announce their interest rate decision, with suggestions of a revised policy to come, however until confirmed, the Euro should remain capped.

Follow the latest economical events and market strength indicators here: http://www.yadix.com/forex-trading-community/economic-calendar/


Yours sincerely,

Alexandra Miller
Customer Support Team
Telephone: +44(0) 20 3239 6117
E-mail: support@yadix.com
Skype: yadix.forex

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