Category: Currency Currents

A Full Opening Act ... to Keep Traders’ Blood Flowing

February US Nonfarm payrolls are reported tomorrow. Typically it’s a snooze-fest in the markets for the 24 hours or so leading up to that report.

But the week’s been full of data points to give traders reason to stay awake.

The Reserve Bank of Australian and the Bank of Canada both announced monetary policy; RBA hiked 25 basis points, while the BOC sat on its hands.

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