SaxoTV

Hardy: Critical week for EUR as ECB meets

762 views
August 31, 2015 aud, audnzd, aussie, australia, australian dollar, china, china economy, china slowdown, currencies, currency, currency markets, currency pair, currency pairs, currency strategy, currency trading, employment, equities, equity markets, eur, euro, eursek, eurusd, foreign exchange, forex, forex exchange, forex market, forex market overview, forex markets, forex saxo bank, forex strategy, forex trading, hardy, hike, inflation, inflation forecast, inflation target, ism, ism data, jobs data, jobs report, john, john hardy, john hardy forex, john hardy saxo bank, john j hardy, johnhardy, johnjhardy, krona, nfp, nfps, non farm, non farm payrolls, non farms, non-farm, non-farm payrolls, non-farmpayrolls, non-farms, nonfarm, nonfarm payroll data, nonfarm payrolls, nonfarmpayroll, nonfarmpayrolls, nonfarms, payrolls, rate hike, rates, reserve, reserve bank, reserve bank of australia, riksbank, risk appetitie, saxo, saxo bank, saxo bank forex, saxo bank group, saxo bank john hardy, saxo bank saxo tv, saxo bank trading, saxo bank trading floor, saxo bank tradingfloor.com, saxo bank tv, saxo capital markets, saxo traders, saxo trading, saxo tv, saxo tv saxo bank, saxo tv trades, saxo tv trading, saxo tv trading floor, saxo tv tradingfloor, saxo tv tradingfloor.com, saxobank, saxobank.com, saxotrader, saxotv, sek, selloff, selloff equities, september, september 2015, september hike, september rate hike, sveriges, sveriges riksbank, swedish krona, swedish riksbank, trader, traders, trading, trading currencies, trading floor, trading forex, trading forex 2015, tradingfloor, tradingfloor forex, tradingfloor john hardy, tradingfloor saxo bank, tradingfloor saxo tv, tradingfloor.com, tradingfloor.com insights, tradingfloor.com saxo tv, tradingfloorcom, us data, us dollar, us employment, us employment data, us fed, us fed rate hike, us fed rates, us federal, us federal reserve, us federal reserve monetary policy, us job report, us jobs data, us jobs reports, usd
After Jackson Hole FX traders are turning their attention to incoming US data and a European Central Bank meeting on Thursday, which could prove critical for the euro, says Saxo Bank’s John Hardy.

Also key this week, will be incoming US data and whether it is good enough for the US Federal Reserve to hike rates. If Friday’s nonfarm payrolls are strong and there is no further selloff in the markets, Hardy believes the Fed could hike in September, which the market has not priced in. 

Apart from EURUSD, Hardy also looks at what is happening with other currency pairs like AUDNZD and EURSEK.