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Market Outlook for the Week of 6-10 February
After a busy week with a lot of economic events and the decisions of central banks in focus, this one is likely to be a quiet one, as is usual following the NFP print.
The BoE and ECB hiked the rates by 50bps and Fed by 25bps, while all of them signalled that more hikes will follow. The market now expects another 50bps hike at the next ECB meeting in March, and a 25bps hike from the BoE.
The NFP came in high above expectations and the unemployment rate fell to 3.4% -- the lowest... Read More
Posted: Feb 6 2023, 10:30
Author Name: forexlive
Views: 102496