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What To Expect From NFP? - Views From 15 Major Banks
The following are the expectations for today's US February jobs report as provided by the economists at 15 major banks along with some strategies to play the USD into the event as provided by the FX strategists at these banks. Goldman: Change in Nonfarm Payrolls (Feb): 220K | Unemployment Rate (Feb): 5.60%| Average Hourly Earnings YoY (Feb): 0.20%. SEB: Change in Nonfarm Payrolls (Feb): 210K | Unemployment Rate (Feb): 5.60%. Morgan Stanley: Change in Nonfarm Payrolls (Feb): 250K | Unemployment Rate (Feb): 5.60%... A strong US labour market report has the potential to push the US yield curve higher, putting EM under ... (full story)
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