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Mixed December US Jobs Report Gives Few New Reasons for USD Bulls

Talking Points: – Job growth came in just below expectations, still strong enough to not disrupt the overarching trend. – The unemployment and undermployment rates fell on weaker labor force participation. –EUR/USD whipsawed between 1.0625 and 1.0672. Jobs growth in the United States in November remained solid at +178K, albeit slightly below expectations of +180K, […]

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Weekly Trading Forecast: December Expectations Face Themes Like Brexit, Data Like NFPs

December is historically one of the more quiet trading periods of the year. However, an antsy market heading towards protectionism makes a docket loaded with events like US NFPs, an OPEC meeting and BoE stability report a trading minefield. Australian Dollar Forecast – Australian Dollar at Risk on US Data, Trump Cabinet Appointments The Australian […]