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Week Ahead – Hawkish risk as Fed and NFP on tap, Eurozone data eyed too

From xm.com

{video} The upcoming week looks sure to be an action-packed one for the US dollar, as besides an FOMC meeting and the April jobs report, there’s a flurry of other data on the US agenda that will give traders little time to rest. The main focal point during the first half of the week will be the Federal Reserve’s policy decision on Wednesday. It wasn’t that long ago that the May meeting was seen as the one where policymakers would set in stone the path to a June rate cut. However, following the string of hotter-than-expected inflation and employment data, the timing has moved further out into the future, with a cut ... (full story)

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  • Category: Fundamental Analysis