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NZD Higher As Rate Cut Odds Fall

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jul 8, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The better-than-expected ADP figures released yesterday were of little use to the US dollar as investors continued to buy the Japanese yen. After a catastrophic 38k in nonfarm payrolls last month, the ADP report boosted the optimism for this afternoon's release. The report showed that US companies added 172k jobs[​IMG]

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