September 9 2013

In the trading room today: Is the USD Going to Have Another Bad Month? At the start of the trading week following another disappointing U.S. labor market report, we examine how the U.S. dollar fared in the aftermath of the August non-farm payrolls data and ponder if the greenback might be about to experience another month of weakness, we analyze the latest trend developments in the EUR/USD currency pair, we take a look at the renewed strength of the GBP vs USD, we keep an eye on the USD/JPY pair’s test of the 100 yen level, we highlight the market’s reaction to Japan’s winning bid for the 2020 Olympics, the Japanese GDP and Consumer Confidence, we discuss new forecasts from Rabobank and UBS, and prepare for the trading session ahead.