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February 3, 2012

Mixed Reactions in the US Dollar to the Non-Farm Payroll

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Anytime we get above forecast and above 200K employment change and decline in unemployment, we get welcoming sign for the US economy. Risk appetite usually leads to pressure for the USD. Indeed we saw that against the commodity currencies like USD/CAD, AUD/USD and NZD/USD where dollar weakness was... FF News: Technical

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