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Dollar 'Rally' Stops Ahead Of Tomorrow's Payrolls

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Sep 1, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The dollar moves higher ran yesterday/overnight into resistance. Some late pre-positioning ahead of the payrolls might still occur, but we stick towards dollar strength as we think the payrolls will bolster rate hike expectations. Sterling's correction higher will today be tested as the UK manufacturing PMI is released[​IMG]

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