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Contributors Forex Trading Weekly Forecast – 12.10.2012

The US dollar (ticker = USDollar) ended another week relatively unchanged against major counterparts, even with a significant NFP report. Large-ticket items are on this week’s docket as well, highlighted by the final FOMC meeting and press conference by Chairman Bernanke on Wednesday. However, the slow end-of-year drain of volume from the markets may result in another week of daily moves, but no ground gained at the end of Friday.

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The US dollar (ticker = USDollar) ended another week relatively unchanged against major counterparts, even with a significant NFP report. Large-ticket items are on this week’s docket as well, highlighted by the final FOMC meeting and press conference by Chairman Bernanke on Wednesday. However, the slow end-of-year drain of volume from the markets may result in another week of daily moves, but no ground gained at the end of Friday.

Recent posts by DailyFX