Flash: The quiet before the storm? -TDS
FXstreet.com (London) – Strategists at TD Securities noted the week as a quieter week with diminishing liquidity; The quiet before the storm?
“US data did come in better while Eurozone deflation fears were themselves deflated, which should take some of the fear factor out of ECB policymaking next week”.
“We also think the market is underpriced for a likely dovish message from the Norges Bank, and will look closely at UK PMIs, with lingering scope for outperforming consensus”.
“NOK, JPY, AUD, and CAD weakness led the big moves of the last week as equities broadly rallied”.
“Rate expectations were generally little …read more