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 Weekly Outlook for Usd

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fxpulsation




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Join date : 2012-01-25

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PostSubject: Weekly Outlook for Usd   Weekly Outlook for Usd Icon_minitimeMon Sep 17, 2012 11:00 am

Weekly Outlook for Usd


Quotes from Barclays Capital:
-With the "open-ended" nature of QE3, US economic data (in particular employment data) will become more relevant for FX. US housing starts and Empire/Philadelphia Fed index are the key data releases from the US this week, as well as a series of Fed speakers.
-We expect empire state manufacturing index (Monday) of -2.5 (cf. -2.0), housing starts (Wednesday) of 750K (cf. 765K) and Philadelphia Fed index of -5.0 (cf. -3.3), and likely USD negative.

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