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CAD, CHF and the FOMC’s dot plot: Hardy
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John Hardy, head of FX strategy at Saxo Bank, digests the coming week’s calendar in forex markets.
With a focus on CAD around the Canadian jobs report published on Friday, Hardy says there have been ridiculous expectations for CAD in recent months.
Hardy also looks ahead to Wednesday’s FOMC meeting and suggests the Fed stop issuing its ‘dot plot’ forecast chart. He also discusses EURCHF and the Bank of England’s meeting on Thursday.