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Dollar Ignores Disappointing US Payrolls

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 9, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    On Friday, the dollar avoided further losses despite a poor US payrolls report. The price action suggests that the market has already discounted enough negative US news and soft Fed rate hike expectations. This suggests some further consolidation from current USD levels until US data provide clearer guidance.[​IMG]

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