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Hardy: Busy week ahead for FX as USD hits two year high

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September 26, 2014 charts, china, commodities, curr, currcurr, currencies, currency, currency chart, currency crisis, currency cross, currency fluctuations, currency impact, currency market, currency markets, currency pair, currency pairs, currency peg, currency reserves, currency strategy, currency trading, currency trends, currency war, currencywar, current account, eur, euro, europe, eurozone, eurusd, fed, fed meeting, fed tapering, federal, federal reserve, forex, forex buying, forex idea, forex market, forex markets, forex saxo bank, forex trade idea, forex trading, formación, fx, fx award, fx crosses, fx forex, fx interbank markets, fx investing, fx market, fx markets, fx options, fx spot, fx strategy, fx trade, fx trade idea, fx traders, fx trading, fx volatility, fx', fxmarkets, fxoptions, fxspot, john hardy, saxo tv, tradingfloor.com, usd, usd index, usdchf, usdeur, usdgbp, usdjpy, xffx
Saxo Bank's Head of FX Strategy John Hardy picks out the highlights of the forthcoming weekly data and looks at possible trades, with the USD dominating markets and climbing to a two year high.
A stronger US economy has led to rising speculation that the Fed will raise interest rates earlier than previously expected. 
As a result the EURUSD has fallen as low as 1.26 ahead of the ECB meeting on Thursday. John explores the trading possibilities with the help of his charts and explains in detail where some of the most traded currencies may be heading during the week ahead.