Dollar Hints At Major Break Before Friday NFPs (Forex Video)

Published September 5th, 2008 - 01:43 GMT
Al Bawaba
Al Bawaba

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 Friday morning.

Stories to watch on DailyFX

·          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.

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