posted by
FXTimes
836 days ago
in USD, Fundamental, Employment
made popular 836 days ago
The currency markets have been in a sell-USD mode in January, as strong global equities helped spur risk appetite and investors used the USD as a funding currency for carry trade. Part of that move was bolstered by the latest FOMC statement. Ahead of tomorrow’s NFP, we ask can a strong release change the Fed’s mind about keeping its ultra-loose pol