EUR/USD posted a second week of gains despite a strong US jobs report that provided confirmation that the Fed will raise rates in the upcoming week. Similar to the prior week, the bulk of gains in the pair materialized on Friday to bring the pair back into positive territory for the week. A stronger than expected ADP jobs report on Wednesday provided reassurance that the Fed will proceed to tighten as communicated, causing the markets to further price in a March hike ahead of the NFP report. With the March probabilities nearly fully priced in at 90.8% ahead of the NFP release and built up expectations for a stronger ... (full story)