SaxoTV
Who'll Come To The Dollar's Rescue?
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Today we get the big employment data report from the United States, the Non Farm Payrolls. The figures could well give more clues as to when the Fed will start tapering off its QE programme.
Fears about how long the FOMC will continue pumping money into the system led to a big sell off in the dollar on Thursday. The Fed's already indicated it's employment rather than inflation that's key at the moment.
Saxo Bank's Head of Macro Strategy, Mads Koefoed, gives his thoughts about the state of the American economy and what we could expect later today.
Fears about how long the FOMC will continue pumping money into the system led to a big sell off in the dollar on Thursday. The Fed's already indicated it's employment rather than inflation that's key at the moment.
Saxo Bank's Head of Macro Strategy, Mads Koefoed, gives his thoughts about the state of the American economy and what we could expect later today.