Monday 31 August 2015

FX markets in anticipation of Nonfarm payrolls in the US

The United Sates Nonfarm payrolls , which will be published on Thursday attracted investors' attention with the impact that might have on the Fed's decision to increase interest rates. 
The disappointing data from the beginning of the month passed a belief that this decisive step will be taken in September.
The market participants have expectations that on Friday this idea rather will consolidate than reverse the sentiment and central bankers would proceed to interest rate hikes. 
Such scenarios would support the dollar, but would have a negative effect on the indexes and the gold.


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