FX Weekly: 31st August 2010

 Large swathe of data across the G20 suggests volatility will spike higher this week

 Two interest rate decisions (Riksbank, ECB) – event risk is significantly higher in Sweden rather than the EMU

 US growth + additional QE will be the core themes with US employment and ISM surveys bearing huge significance given the timing and current circumstances facing the US recovery

 BoJ Yen intervention issue should remain on the sidelines despite recent JPY strength as volatility stays subdued




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