The US dollar skyrocketed after the NY close and the driver is only one thing - risk aversion.
Volatility has ripped through the financial markets with the Dow Jones Industrial Average plunging 344 points and the US dollar surging to a year to date high against the Euro. With the exception of the dollar’s [...]

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Here is an interview I did today with Marketwatch

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On Friday, we are expecting the number one most market moving release for the US dollar - August Non-farm payrolls. Based upon the leading indicators for NFP, there is a decent chance that job losses could have topped 100k last month.
I wrote this special report for GFT. You can catch my [...]

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ECB President Trichet’s lack of commitment towards future monetary policy has led to little volatility in the Euro. After leaving interest rates unchanged at 4.25 percent, Trichet explicitly said that he has “no bias.”
However based upon the number of times he used the words “price stability in his Introductory [...]

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