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Central banks, elections, and FX: Decoding the signals for global markets

Scotiabank Market Points

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Implications of Payroll Data and Interest Rate Dynamics

This chapter explores the complexities of recent payroll data and its effects on monetary policy, focusing on interest rates and potential Federal Reserve rate cuts. It also analyzes market reactions, particularly in foreign exchange, and the interplay between U.S. and Canadian interest rates in the context of carry trades.

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