The global markets largely stayed the course in August, but uncertainty in the eurozone remains a top concern for the financial markets. In the U.S., unemployment continues to hamper a stronger recovery, but growth appears to remain on track. In Europe, sovereign bond yields have improved, but the region still faces greater uncertainty than ever before.
Forex traders will be primarily watching the situation in Europe and the recovery in the U.S. for any signs of improvement, as well as possible quantitative easing or other programs being implemented in Britain and Japan, where growth is ebbing.
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