Список проголосовавших за комментарий " Currency Commentary: Strong Jobs Report Clears the Path for Rate Hike<ul><li>The <strong>Dollar Index</strong> has been under selling pressure despite a solid jobs report. The DXY has been unable to hold the 102 level ahead of next week's expected rate hike. Considering the dollar rolled following the last two rate hikes (December 2015 and 2016) it suggests that sellers are looking to get out ahead of a potential roll over. Full focus will be on Fed Chair Janet Yellen as she will hold her quarterly press conference on Wednesday following the rate decision.</li><li>The <strong>euro</strong> has been able to maintain its momentum from yesterday. The DXY roll has helped push the single currency higher. However it is headlines that the ECB discussed raising rates before it tapers its asset purchase program that is garnering the most attention. The move would certainly help boost inflation and growth but there is a bit of confusion on how that would impact rates given that the whole purpose for buying the bonds is to drive the rates lower. The euro has broken above the 100-sma at this and is preparing to test the 1.07 area for the first time in a month.</li><li>The <strong>pound</strong> remains under pressure as it holds the low end of 1.21. It was a busy morning on the economic front in the U.K. highlighted by a big miss in its Manufacturing Production. The Trade Balance deficit was lower than expected as it was helped by a weaker pound. Industrial Production and Consumer Inflation Expectations were in line. The Bank of England meets next Thursday but the focus will remain on Brexit.</li><li>The <strong>yen</strong> continues to slip lower as it comes in for a test of 115. The Bank of Japan meets next Wednesday after the Fed. Given the banks inability to hit its inflation targets it is expected to remain aggressive in its easing policies.</li><li>The <strong>yuan</strong> is working its way higher after holding the 6.90 area. The yuan has not seen much of a reaction from its National Peoples Congress. Next week we will see an update for key economic data including Industrial Production, Fixed Asset Investment and Retail Sales (Mon). (BONDX, FOREX)</li></ul>"