Forex Traders Dec FOMC Preview: "Non-farm payrolls averaged 204k over the past 4 months and this strength drove the unemployment rate down to 7%. Retail sales also rebounded in November after contracting in September and according to the latest consumer sentiment survey, Americans are feeling more optimistic. Unfortunately housing market activity has been uneven, inflation is low and while manufacturing activity accelerated, service activity slowed. Strong arguments can made to wait or to press forward with tapering."
'via Blog this'
