Impressive
strength on the US Dollar can be seen for today after disappointing data out of
the Euro Zone and the United Kingdom. The Dollar Index has reached a four year
high and it is not showing any signs of correction at the moment. This Friday
we have the Non-Farm Payrolls report out of the US and it is expected to show
that the American economy has created 216 thousand new jobs for the month of
September. If the reading comes out in line or better than expected, then hold
on to your seats, because the Dollar may be launched like a rocket and the losses
on its major counterparts could be exacerbated.
Congratulations for the article, very helpful.
ReplyDeleteBig week ahead of us.
ReplyDeleteThe dollar continues to climb free.
ReplyDeleteVery helpful article.
ReplyDeleteSo far I think you are right.
ReplyDeleteVery useful information! Thanks.
ReplyDeleteNice stuff. Keep it coming.
ReplyDeleteWell done, thank you.
ReplyDelete