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Why USD dip is temporary: Hardy
This week markets are focusing on the US jobs data out on Friday, says Saxo Bank's Head of FX Strategy John Hardy.
If US earnings are high and unemployment low, Hardy expects USD will rise against the yen and aussie dollar despite the delay of a Japanese tax rate hike and a strong Australian GDP report. He also believes the dollar could rise against the euro.
02:00 minutes
Tags: audusd, currency, eurusd, fomc meeting, forex, rate hike, rates, rates decision, saxobank.com, saxotradergo, tradingfloor.com, usdjpy, yellen
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