U.S. Non-Farm Payrolls are projected to increase 65K in August following the 117K expansion in the previous month, and the slower pace of employment growth could spark bearish reaction in the greenback as growth prospects deteriorate. As the world’s largest economy faces a growing risk for a double-dip recession, the Federal Reserve may introduce an additional set of policy tools at the two-day meeting on September 21, and the central bank may lay the ground work to expand monetary policy further in an effort to balance the risks for the region. However, a positive employment report may encourage the FOMC to preserve ... (full story)