The Japanese yen may continue to strengthen against its major counterparts over the following week as market participants curb their appetite for higher risk/reward investments.
The upcoming Bank of England rate decision could be the major event risk for the week if we see the central bank issue a statement addressing its future intensions regarding quantitative easing.
The SNB will look to keep demand for Swiss products growing by continuing to keep its exchange rate lower versus its man trading partners Europe and the U.S.
The headlines screamed that US income data went up unexpectedly. Green shoots were everywhere. But if you look at the actual data, you find something much different.
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