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The theme of Friday set to continue – selling dollars! - Investec

FXStreet (Barcelona) - The Investec Research Team notes that with little to keep the markets occupied it would appear that Friday’s volatility is set to continue.

Key Quotes

“Yesterday’s main events were speeches made to the CBI by David Cameron and Ed Milliband who both for once seemingly agreed on something along with the business leaders in the audience, and that was leaving Europe would be bad for the UK’s prosperity and ‘would close us off from the rest of the world’.”

“However despite the uproar over the EU demand for an additional UK financial contribution to the EU, after UK GDP was revised up over recent years, it would seem with many UK politicians still favour EU membership.”

“Today sees a quiet day on the data front with the NFIB small business optimism survey the only release of note. With little to keep the markets occupied it would appear that the theme of Friday is set to continue – selling dollars!”

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