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Forex Market Gearing Up For NFPs And Rate Decisions (Forex Video)
Friday, 29 August 2008 20:52:21 GMT
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Dollar advance may be cut short by NFPs. Central bank activity will hold the market over until payroll Friday.
· Friday's data weak across the board with European inflation, Canadian GDP and US consumer spending all below consensus.
· NFPs and four central bank rate decisions (RBA, ECB, BoE, BOC) top event risk in the week ahead.
Stories to watch on DailyFX
· Carry trade in jeopardy as rate decisions are expected to depress expected yield differentials.
· See what trade setups are topping the DailyFX Analysts' lists in the DailyFX Analysts Picks section.
Send any comments or questions to jkicklighter@dailyfx.com.
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