FX Weekly: 17th October 2011

  • The dollar is dropping in October as quickly and broadly as it rose in September - the potential for a policy breakthrough in Europe and a decent start to the Q3 earnings season is helping USD shorts
  • 20% of the S&P reports this week – Techs and Financials are most in focus
  • EU Summit on Oct 23rd summit this past weekend is the next focal point for FX markets following G20





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