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NON‐FARM PAYROLLS BETTER THAN EXPECTED BUT STILL PAINT A VERY BLEAK OUTLOOK

The dollar surged against the majors following better than expected payroll data. The EurUsd dropped nearly 200pips to the low range of 1.35, while the UsdJpy fell 100pips finding support near 90. The GbpUsd is flat, trading very closely to…
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