TRADING THE WEEK: Jobs Report and Fed Set Holiday Table
Traders Magazine Online News, November 28, 2016
Traders endured a holiday-shortened week which gave way to previous concerns about the state of the US economy and intentions of the Federal Reserve. Last week's data did little for traders but provide momentary bouts of volatility and sporadic trading opportunities on anything out of President-elect Trump's transition team. But traders told Markets Media that they remained focused on the upcoming and widely expected hike in short-term interest rates at its December 14th meeting.
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