Quote:
Originally posted by eternalfuture
We have trade data next week. IF, the reading is good but the dollar still sink, then I don't know what else could help the dollar.
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I think traders are looking towards another rate hike in December, but if next week's hike is already priced in with Eur at 1.30 it certainly doesn't look too promising! Maybe profit taking will help the dollar short term, oil at $25 (some chance!), or the capture of Osama!
Mick