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Dollar rebounds after decent US payrolls

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 8, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Currencies On Friday, the US payrolls report dominated markets. Headline payrolls growth was lower than expected, but the details of the report were constructive. On the release equities declined, as did US bonds, but the bond decline evaporated as sentiment turned risk‐off. The dollar spiked briefly lower upon the publication of the report, but after full lecture of the report soon returned into positive territory. Investors were apparently positioned for a negative surprise. The dollar

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