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October 5, 2012

EUR/USD Holds Above 1.30 and Extends Higher After NFP

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An upward revision for August data and a surprise fall of the jobless rate from 8.2% to 7.8% WITH higher participation rate were numbers for risk on trading. After the positive Non-farm payroll release, The USD was mainly pressured as the market flows into more risky assets. The greenback was lower... FF News: Technical

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