Forex in 60 Seconds - The Dollar May Finally See Breakouts Next Week As NFPs Meets GDP

Published July 26th, 2008 - 01:30 GMT
Al Bawaba
Al Bawaba



 
 ·          UK 2Q GDP meets the consensus and matches a 2001, yet the event risk still leads to a pound rally.
 ·          The Dollar's docket is top billing next week with 2Q GDP, ISM manufacturing and July NFPs all scheduled within 36 hours of each other.

Stories to watch on DailyFX

·          A pull back in high yield currencies may have dampened a breakout in risk appetite and the carry trade.
·          Prepare for next week's loaded economic docket with Kathy's Daily Fundamentals.

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