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If US and European markets have not had enough volatility to deal with this week amid the specter of possible trade wars stemming from US President Trump’s plans to impose hefty import tariffs and the European Union’s swift threats of retaliation, more potential volatility triggers are on the way.
The US dollar index on Wednesday clawed back a small portion of its recent losses after data from the ADP employment report showed a better-than-expected 235,000 private sector jobs added to the US economy in February.