Investors Alert

The market place would have to brace itself in the coming week with a barrage of economic data along side the FED policy makers commentary schedule in an already volatile market condition. The  3rd quarter earnings season may only be a backdrop compared with the issue of government shutdown hanging in the air despite the recent Speaker John Boehner's resignation reducing the risk of such occurrences.

However, it maybe the effects of these issues would weigh heavy in the stock and currency markets particularly the USD. If and when the USD overcomes all these transition it may well provide as the main catalyst for the USD to move even higher from its present course. However, it maybe the effects of these issues would weigh heavy in the stock and currency markets particularly the USD.

If and when the USD overcomes all these transition it may well provide as the main catalyst for the USD to move even higher: unless Jobs data would say otherwise. As we have to see how all these fundamental issues would blend into the market technical trade setups similar to the on going market perspective we have experienced lately. Market price action and behavior will be carefully watch as it develops through the coming week. This is when time and price action can work hand in hand or any deviation from its current course could be detrimental in determining the USD direction. Therefore, strategies on both sides of the coin would have to be considered for any eventuality.