In the weekly interview on Forex TV, I spoke with Julie Sinha about the possible turning point for the US dollar, the dillema that British policymakers face in the interesting rate decision, the busy week in Australia, and the Non-Farm Payrolls of course. Enjoy:
Contrary to what many thought, a rate hike in Australia wasn’t a done deal. Indeed, the RBA made another round of “wait and see”. As mentioned in the video, this is a busy week in Australia, with the employment data on Thursday providing lots of action.
The Non-Farm Payrolls always cause action, and there are lots of signs leading to them: more PMI data, a report for the private sector by ADP, and the weekly jobless claims. There’s quite a build up before the event…
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