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Markets are still digesting yesterday's ECB disappointment

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 4, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Market Movers The US job report is a key release ahead of the FOMC meeting on 16 December. A slower rate of job growth seems plausible and we estimate a November increase in non-farm payrolls of around 175,000, which is below the consensus estimate of approximately 200,000, but still well above labour force growth rate. The jobs report would have to be very weak to alter our call that the FOMC will raise rates in December. We expect that average hourly earnings (AHE) increased by 0.3% m/m in

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