Friday 7 October 2011

FX European Briefing 10.07.2011

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MYFCXM Depositing Funds Trading Signals
Talking Points
  • Australian, New Zealand Dollars Follow Stocks Higher in Overnight Trade
  • US Dollar, Major Currencies Look to US Jobs Report to Shape Outlook
  • Leading Indicator Hints NFP May Miss Expectations, Sinking Risky Assets  
US Dollar May Rise Anew on Hints US Jobs Data to Disappoint

The safe-haven US Dollar may resume its advance after a three-day correction lower amid hints that September's closely-watched jobs report will disappoint.

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