BY STEPHEN L. BERNARD
Currency trading this week is likely to hinge on the state of Europe’s economy and how close investors believe the U.S. Federal Reserve might be to more policy measures.
With little economic data out at the beginning of the week, Wednesday’s release of the minutes from the most recent meeting of the Fed’s Federal Open Market Committee could be the first test.
Market participants are awaiting details from the July 31-Aug. 1 meeting to gauge how amenable central bankers are to a new bond-buying program.
The dollar’s near-term fate will likely be wrapped …
Article source: http://online.wsj.com/article/SB10000872396390444375104577595500624025634.html?mod=rss_economy
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