Next 24 hours: Fear of Commitment in the FX Market
Today’s report: Bearish US Dollar Outlook in Question
A return of geopolitical risk, solid US employment data as reflected through ADP, and a hawkish Fed Minutes, and yet the USD is only moderately higher into Thursday. The market has been reluctant to hold US Dollars in recent weeks, though the confluence of these events may make it increasingly difficult to avoid doing so. read report