Forex Flash: Risk on/off trading on this week's US data TD Securities
FXstreet.com (Barcelona) - The market started quietly, but it is a potentially busy week with Durable Goods (today), GDP, FOMC and employment data in the US. "With G-10 central banks still in aggressive easing modesomething the Fed meeting this week will reinforcerisk on/off trading is still likely to exert some influence on trading moving forward, especially if the current bull run in stocks comes to a sudden stop", wrote TD Securities analysts Shaun Osborne and Greg Moore, noting a sligthly faded impact of risk sentiment on FX.
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