The dollar breaks major trendlines against the euro and pound, easing the way for volatility following tomorrow’s non-farm payrolls.
· Both the ECB and BoE hold rates. The passive policy stance has a different fundamental meaning for the euro and pound.
· USDCAD my find a major breakout with US NFP and Canadian employment data due Fridaymorning.
[B]Stories to watch on DailyFX[/B]
· Losses are dampening the retail traders ability to fight the dollar’s strong trend.
· See what trade setups are topping the DailyFX Analysts’ lists in the DailyFX Analysts Picks section.
[B]
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