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Nonfarm Payrolls will always be the highlight of the week for traders. However, keep an eye out for the ISM surveys along with the RBA and RBNZ monetary policy decisions.
After a rout of selling pressure in the past few sessions, there is an attempt at a risk rebound on Tuesday morning. However, much more needs to be seen for this to be anything more than a mere dead cat bounce.
Markets have been fluctuating in recent sessions and especially in the wake of the ECB meeting. However, with a series of worrying data releases for major economies, there are hints of risk aversion and the USD strength is threatening once more.
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