get a 100+bp rally for S&P in this scenario after this recent
drawdown. If we happen to get a negative number an even sharper rally.“</li><li>ING: „The market may not really need a big surprise to fully price in a 75bp hike in September, and a respectable jobs report may be enough to trigger another leg higher in the dollar today.“</li><li>The dollar is near major resistance on a handful of fronts. This could be the tiebreaker. Next week’s US <a target=“_blank“ href=“https://www.forexlive.com/EconomicCalendar“ target=“_blank“>economic calendar</a> is light and the CPI report is Sept 13 </li><li>Durable goods orders data for July is due out at 10 am ET. It’s probably not a big market mover but it will be notable</li><li>There are no scheduled Fed speakers today</li><li>Monday is a holiday in the US, which could dampen liquidity in the latter half of the day</li></ol>
This article was written by Adam Button at www.forexlive.com.
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