General World News

Are wages all the rage or is it profit taking?

It is quite uncommon to see the US dollar rising across the board on a significantly worse than expected Non-Farm Payrolls. Jobs advanced by 151K, worse than 190K expected and well below the average of recent months. The dollar initially dropped, with EUR/USD reaching 1.1244, USD/JPY continuing its reversal of the BOJ move and other currencies […]

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Source : ForexCrunch.Com