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1 Jun 2015
A key data event week - Scotiabank
FXStreet (Guatemala) - Eric Theoret, CFA, CMT Currency Strategist at Scotiabank explained that it is an important week for U.S. data.
Key quotes:
"Ahead of the June 17 Fed decision, with Wednesday’s ADP, non-manufacturing ISM and Beige Book, ending with Friday’s non-farm and speech from the NY Fed’s Dudley."
"With regards to central banks, the RBA, ECB, and BoE are unlikely to surprise and Friday’s OPEC decision may provide renewed pressure on WTI. Greece remains an ongoing risk ahead of looming IMF payments between June 5 and 19."
Key quotes:
"Ahead of the June 17 Fed decision, with Wednesday’s ADP, non-manufacturing ISM and Beige Book, ending with Friday’s non-farm and speech from the NY Fed’s Dudley."
"With regards to central banks, the RBA, ECB, and BoE are unlikely to surprise and Friday’s OPEC decision may provide renewed pressure on WTI. Greece remains an ongoing risk ahead of looming IMF payments between June 5 and 19."