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Waiting on US Payrolls
As is normal on the morning of NFP Friday, trading was subdued during the Asian session. Stronger Asian regional indices gave the markets a slightly bullish tone with the Hang Seng up 0.94%. After yesterday’s choppy trading, EURUSD has been ranging between 1.4320 and 1.4370 however, there is mounting pressure on the downside. The ECB raised rates 25 bps to 1.5% and the BoE held rates and did not... ...More...
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