Forex in 60 Seconds - US 2Q GDP Promises To Catalyze Volatility For The Dollar

Published July 31st, 2008 - 01:27 GMT
Al Bawaba
Al Bawaba



 
 ·          Will a strong ADP number guide NFP speculation despite its off-the-mark past?
 ·          US event risk hits overdrive with 2Q GDP due Thursday, July NFPs scheduled Friday and the FOMC rate decision rounding everything out next Tuesday.

Stories to watch on DailyFX

·          The Fed is scheduled to meet next Tuesday. What is the probability of a 25bp hike in August and September?
·          A pick up in scheduled event risk is leading DailyFX Analyst to forecast a USDJPY breakout.

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