End of month scrambling weighs on USD - Can it last?

End of month scrambling weighs on USD – Can it last?

After the BOJ refrained from more stimulus, we have inflation data from the euro-zone and lots of Fed-watched figures from the US. End of month scrambling and re-balancing seems unfavorable to the greenback. As we wave goodbye to October, choppy action could greet us especially after a rocky month and before another busy week. This is the wrap of the morning show:

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile

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