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US NFP Surprises Forecasts, USD Strengthens Initially

posted by Avatar FXTimes 499 days ago in USD, Fundamental, Employment

The December nonfarm payroll report came in stronger-than-expected posting a 200K increase beating expectations of a 155K rise, and the unemployment rate declined to 8.5%.The interesting implication here is that because this report likely knocks back expectations for more QE it helps the fundamental picture of the USD. Despite stocks being higher,
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