FOREX: Dollar Slide Halted as Risk Trends Unable to Compensate for NFP Forecasting

Heading into Thursday's active trading session, the capital markets are already entering the gravity of Friday's non-farm payrolls (NFP) report. This is a common occurrence whereby the expected volatility of the indicator discourages market participants from taking significant positions to avoid the potential turbulence expected with its release. Net effect for currency traders in the preceding trading days: a diminished effort to project trends and decelerating volatility.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: FinancialsInsurance Brokers
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!