The Analytical Overview of the Main Currency Pairs on 2021.0 | Justforex
The Analytical Overview of the Main Currency Pairs on 2021.07.02
Today all investors' attention is focused on the Non-Farm Payrolls report. Positive labor market data can be perceived ambiguously. On the one hand, if the report is too good, investors may start selling their portfolios on the Fed's stimulus cuts expectations. On the other hand, the unemployment rate has to be 2 million new jobs every month (with 700,000 planned) to reach pre-crisis levels. However, the market does not believe in such optimism as the number of new jobless claims turned out higher than expected yesterday.
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