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Week Ahead - Dollar rally turns to US jobs report for refueling; Loonie seeks direction from BoC and GDP data
US economic data will return to the forefront next week, with the nonfarm payrolls report being the main focal point. The Bank of Canada will be the only major central bank holding a policy meeting, while Canadian GDP figures will keep the loonie under the limelight. The other highlights will come from the Eurozone flash CPI release, Japanese and Australian capex data, and the latest PCE inflation figures out of the US. The week will get off to a slow start though as both US and UK markets will be closed on Monday for a national holiday. Investors will be watching key indicators out of Australia next week for clues ... (full story)