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Forex technical analysis: Dollar spikes lower initially, but back higher after US jobs

Discussion in 'Technical Analysis' started by ForexLive, Feb 5, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Market digest the numbers The US jobs report on the initial numbers was weaker with the NFP weaker along with a downward revision to the prior month. However, the unemployment rate fell to 4.9% and the average hourly earnings came in stronger +0.5% (estimate 0.3% month on month).

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