The Central Banks’ Interest Rate Decisions And The Big Non-Farm Payrolls |
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A month of storm has gone. We have seen the extreme volatile markets in August. Unwinding JPY carry trades, the weak EUR, collapses of the oil prices, the GBP, the AUD, and the NZD. The GBP/USD collapsed over 1,500 pips its lowest close in last 2 years whilst the EUR/USD also hit its lowest close in last 6 months at 1.4566 after the release of the German Ifo data that was worse than expectations. (Actual 94.8 vs Forecast 97.2). This week does have explosive events. On schedule , we have the
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