T-Perspective vs. Fundamentals
Fed's Ben Bernake meeting on Friday at the Jackson Hole Economic symposium might be the catalyst that would overshadow the general outcome of the US Consumer Confidence expected to be favorable for the USD.
Fed's Ben Bernake meeting on Friday at the Jackson Hole Economic symposium might be the catalyst that would overshadow the general outcome of the US Consumer Confidence expected to be favorable for the USD.
And subsequent results of the US GDP figures culminating the Fed's Beige book survey by the middle of the week. However, a slow yet grandually accepted growth or economic recovery has been stated contrary to QE3 expectations that still prevails to some analyst and investors eminent to such action by the Federal Reserve. There will always be a highlight on this event while the European crisis continues to find some finalization to resolve these problems.
Finding the volumes to weigh on which side would the market cling towards its final direction still remains to be seen. But the underlying Technical perspective for the US Dollar (Index) has initially provided a small window of positive market breath.
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