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The most important economics data of the month from US viz. Non Farm Payrolls, came out yesterday and it was disappointing. USD fell and EURUSD moved to 1.1282. Other data are somewhat mild. So, the question arise whether in the coming FOMC meet, will FED hike federal interest rate? It is generally agreed among many financial experts that FED will hike rate thrice. One hike has already happened in march. So when will the next two hikes will happen? Will it be 2nd hike in June and third hike in Nov/Dec?
