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EUR/USD: The dollar got selloff

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 7, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EUR/USD The dollar got selloff on Friday after a mixed US employment report showed a solid monthly job's gain, but also that wages plummeted, as hourly earnings fell by 0.1%, the first decline since December 2014, dragging the yearonyear gain pace to 2.2% from previous 2.5%. The headline reading printed 214K while January was revised up to 172K from the previous 151K. The news initially pushed the greenback higher, but investors then chose to drop the American currency, as soft data keeps

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