Focus Turns to Sterling Weakness and BoE Despite some mixed economic data, dollar ended the week as the second strongest major currency, next to yen. Markets seem now believe that barring further turmoils in the financial markets, Fed is still on schedule to hike interest rate this year. September still remains unlikely but chances are for a hike in October. And the expectation is supported by an overall well received non-farm payroll report. Despite the miss in headline job growth number, fall in unemployment rate and acceleration in wage growth were seen as positive. Also, comments from Fed officials were supportive to such expectations. Australian dollar and New Zealand dollar remained the weakest ones. Canadian dollar was firm as WTI crude oil maintained gains and steadied around 46. European majors were mixed with notable weakness seen in Sterling. Full Report Here... | 
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