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US jobs report in focus, SNB's relief

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

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Forex News and Events All about expectations (by Arnaud Masset) After yesterday sharp EUR rally - thanks to the ECB - the market braces itself for the US jobs report due later this afternoon. After last month’s strong reading (271k gains in payrolls), the market expects the Bureau of Labor Statistics to deliver a weaker reading of 200k (median forecast). Obviously, the stakes are high since a stronger reading would seal a rate hike by the Federal Reserves in December. For the moment, the

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