Intraday Market Thoughts

USD Beyond ECB & NFP

by Ashraf Laidi
Nov 4, 2014 14:55

As crucial as this week's release of the US October non-farm payrolls report may appear, the combination of last week's double blow from the Federal Reserve's ending of QE3 and the Bank of Japan's expansion of its monetary policy should cement further ascent in USD/JPY. Full charts & analysis.

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USD Beyond ECB & NFP - Dxy And Usdjpy Nov 3 (Chart 1)

 
 

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