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Investors Return To Fundamentals After Positive U.S. Employment Data

Discussion in 'Fundamental Analysis' started by ActionForex.com, Aug 8, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    Steady dollar positions turned bullish in the early session after the release of uplifting U.S. employment data. The EurUsd declined 189pips testing resistance at 1.42, while the UsdJpy appreciated 206pips to the mid-range of 97. The GbpUsd was lower, falling 97pips and keeping the cable just below 1.67. Equity markets...

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