For Currency Traders, Central Bank Talk Is Anything But Cheap
- Euro falls most since July as ECB weighs further easing
- Fed meets Oct. 27-28 to discuss U.S. monetary policy
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The central-bank calendar is once again setting the agenda for foreign-exchange traders.
After the euro had its worst week in three months as European Central Bank President Mario Draghi said officials are considering further monetary stimulus, investors are preparing for added volatility as central bank policy makers in the U.S., Japan, New Zealand and Sweden meet next week. China cut interest rates for a sixth time since November on Friday.