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Muted reaction to a very strong NFP
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1 Articles
Muted reaction to a very strong NFP
4 September’s NFP was much better than expectations, boosting the probability of the Fed hiking this month. The American labour market did much better in August according to the data released on 4 September, bucking the trend of weakening in recent months. However, the dollar’s initial movements after the release were modest as traders await upcoming inflation on 11 September. This article summarises the latest job report then looks briefly at t…
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