Friday 28 October 2011

FX European Briefing 10.28.2011

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MYFCXM Depositing Funds Trading Signals
Talking Points
  • US Dollar, Yen Correct Higher vs. Risk-Linked Currencies in Asian Trade
  • Japanese Industrial Production and Inflation Disappoint, Jobless Rate Falls 
  • S&P 500 Futures Hint Stocks-Linked Currencies to Trim Gains into Weekend
  • US Personal Income and Saving, Consumer Confidence Headline Calendar  
US Dollar Rebounds in Asia, S&P Futures Hint More Gains Ahead

The US Dollar recovered some lost ground in Asia as markets digested yesterday's sharp selling of the safe-haven currency. S&P 500 futures hint more of the same is ahead.

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