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Week Ahead: Dollar Sensitive to Fed Expectations

From efxnews.com

The shifting outlook for further actions from the world's major central banks will likely drive currency markets in the coming week, following Friday's weaker-than-expected U.S. jobs report. Better economic data had this year led investors to pare back expectations for more stimulus from the Federal Reserve. However, the 120,000 jobs added in March came in below economists' forecasts. The jobs figure, combined with conflicting views from policymakers within the Fed about whether the U.S. recovery is on a sustainable path, created a murkier picture of what the central bank will do next. Another round of outright bond ... (full story)

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  • Category: Breaking News