August 21, 2012
With no hard data released yesterday, dollar pairs were pretty much unchanged yesterday. USD/CHF and EUR/USD closed near their opening prices, while the comdolls edged just slightly higher. Will we see more action in today’s matchups?
Based on our economic calendar… probably not, as we’ve got no hard data lined up from Uncle Sam today. Just be informed that FOMC member Dennis Lockhart will be speaking at an economic forum and will discuss his outlook on the U.S. economy. If he expresses a dovish tone, it could mean that he's leaning towards the QE3 camp and this could trigger some volatility in the markets. Watch out!
Last edited by PipDiddy; 08-20-2012 at 08:17 PM.
"The only cable I watch is the pound baby."