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Week Ahead – Fed and ECB decisions set the stage for US payrolls
video An explosive week lies ahead for global markets, featuring central bank decisions in the United States, Eurozone, and Australia, alongside the latest edition of nonfarm payrolls. The Fed is expected to raise interest rates one final time, so the dollar will react mostly to any signals around future action. But the euro might enjoy even greater volatility, as traders are split on the size of the upcoming ECB rate increase. Fed to play its final card The US economic machine seems to be gathering momentum, with the latest business surveys pointing to a resurgence in demand and an acceleration in jobs growth ... (full story)