- Forex volatility prices rise sharply ahead of key US Nonfarm Payrolls report- Strong moves in commodity-linked AUD, NZD, and CAD keeps focus on Breakout2 trading system- Potential for strong trend moves in Euro, Yen moves points to Momentum2 system The US Dollar is likely to see strong moves in the days ahead—particularly versus the Australian, Canadian, and New Zealand Dollars. We like these trading strategies.Traders have kept the US currency in a tight trading range versus the Euro and other major counterparts, but that may change on a big week of economic event risk. And indeed volatility prices have risen considerably ahead of Friday’s US Nonfarm Payrolls report. The US Dollar trades near important highs as traders are pricing in a roughly 50 percent chance that the US Federal Reserve will raise interest rates in September. Yet any major disappointments in Friday’s labor data could force a significant repricing
Translate to English Show original