The US economic data has been slightly weaker than expected, but the overall evidence has been inconclusive. There will, therefore, be further short-term uncertainties over growth and concerns that the economy could falter during the fourth quarter will continue. The payroll report was also not strong enough to dispel doubts over Fed policy in September, but the most likely outcome is another 0.25% rate increase. These factors should help support the dollar, especially with Euro-zone growth uninspiring. The dollar is, however, likely to face tougher conditions in the fourth quarter, especially if consumer spending ... (full story)