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Soft payrolls data; Sarkozy wins; Euro up.

Discussion in 'Forex Daily News & Outlook' started by prav, May 11, 2007.

  1. prav

    prav Moderator
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    With soft payrolls data and Sarkozy's win, the Euro is still up. April non-farm payrolls expanded by 88k, well below the 100k estimate, the slowest growth in two years. The unemployment rate increased by 0.1% to 4.5% (expected). The Euro trend is still up.


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