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3 Numbers: German factory orders healthy, G20, US jobs report
The data-rich week closes to face a long weekend as US celebrates Labour Day next Monday. After yesterday's very dovish European Central Bank press conference, the focus is shifting to the next key event – the Federal Reserve's meeting on September 17. Today's US jobs report is the last relevant data release before the meeting. EURUSD will probably be an active pair, as the ECB's meeting is still being digested while we get the US jobs data and all the sell-side commentators adjust their views on the probability of the Fed hiking in September. Germany July Factory Orders (0600 GMT). Total orders are expected to ... (full story)