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Why Euro Weekend Risk Worry Traders

By FX360,  May 25, 2012, 12:29:12 PM EDT

TODAY'S BIGGEST PERCENTAGE MOVERS

AUD/CAD +27 pips +0.29%
USD/CAD +25 pips +0.26%
EUR/NZD -38 pips -0.23%

THE STORIES IN THE CURRENCY MARKET

EXPECTATIONS FOR UPCOMING FED MEETINGS

CURRENT US INTEREST RATE: 0.25%
06/20 Meeting 07/31 Meeting
NO CHANGE 66.0% 66.0%
CUT TO 0 BP 34.0% 34.0%
HIKE TO 50BP 0.0% 0.0%

WHY EURO WEEKEND RISK WORRY TRADERS

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USD: GEARING UP FOR NONFARM PAYROLLS

GBP: STERLINGS OUTPERFORMANCE AGAINST EUR

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CAD: EXTENDS LOSING STREAK

JPY: STRONG NATIONAL CORE CPI

EUR/JPY: Currency in Play for Next 24 Hours




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Forex and Currencies

Referenced Stocks:



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