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Moving toward a Fed hike, non-farm payrolld the key

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 6, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Quick Reca p It’s not long now. At 12.30am AEDT tomorrow morning we’ll have a much better indication if the Fed is going to hike rates at its mid-December meeting. 12.30am is when we get the release of the latest non-farm payrolls and unemployment data. The Reuters poll shows that the market is expecting a print of 180,000 jobs in October and an unemployment rate of 5.1%. That’s enough to lock in a rate hike unless something from way out on left field pops up. David Scutt has a great preview

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