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Today focus will be on the US labour market report for February

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 4, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Market Movers Today focus will be on the US labour market report for February . We expect non-farm payrolls increased 160,000, below consensus of 195,000. Our forecast for employment growth is still faster than the trend growth in the labour force putting additional downward pressure on the unemployment rate. Key for the Fed is average hourly earnings, which have moved higher recently, and hence bolstered the Fed’s confidence in the inflation outlook. However, the latest decline in both

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