USD could find support from the labour market – Danske Bank

FXStreet (Edinburgh) - In the view of Jens Pedersen, Analyst at Danske Bank, the greenback could see its demand renewed towards the end of the week.

Key Quotes

“With a calendar packed with releases of interesting key figures summer calm could come to an end later this week”.

“We are looking for strong releases of ISM manufacturing and non-farm payrolls in the US on Friday and a positive tone regarding the state of the US labour market from the FOMC on Wednesday, which should support demand for the USD”.