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More Volatility Beckons Markets Still Digesting Milestone Week
Traders buffeted by a swath of central-bank decisions last week are preparing for further volatility amid signs that a new era for monetary policy is emerging. The US dollar, euro and yen are all in focus Monday, with investors continuing to weigh whether rate hikes from the Federal Reserve and European Central Bank mark the end of their tightening cycles, even as the Bank of Japan modifies its ultra-easy regime with a looser grip on bond yields. The Australian dollar and British pound are also in the spotlight with their central banks slated to meet on Tuesday and Thursday, respectively. And key reports on US ... (full story)