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Daily Forecasts - Currency Technicals and Fundamentals
Overnight news is sparse, and this pair is hanging out around 1.3950. We did have an unemployment report this morning that showed a drop of people on unemployment by 148,000, the most in 7 years. With so many people no longer employees, but rather are independent contractors, how accurate are the numbers? Further, does an independent contractor ever become unemployed, or does the size of his checks merely diminish or stop? Where does his status show up in the unemployment reports? Equities are mixed to lower this morning, and we have even uncovered some skeptics questioning the price projections of the crude oil ... (full story)