TuriBinda
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Week Ahead – Will the BoJ shock markets ahead of US payrolls?
video Market participants are in for a wild ride, as the coming week is loaded with promising events. The ball will get rolling with central bank meetings in Australia and Canada. Those will serve as appetizers for the Bank of Japan’s decision, which might be a close call, feeding volatility in the yen. In the US, the latest employment report and testimony by the Fed chief before Congress will decide whether the dollar’s recovery still has miles left in the tank. Yen braces for turbulence A difficult decision lies ahead for Bank of Japan officials. They will have to decide on Friday whether to take the next ... (full story)