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Gold Prices Rally, USD/JPY Turns, AUD/USD Sets Fresh Decade Lows
It’s been a busy morning already after the release of a really strong Non-Farm Payrolls report for the month of January. As recapped by our own Austin Sealey earlier this morning, January NFP’s printed at +225k versus the expectation for +160k. Average Hourly Earnings came in at 3.1% versus the 3% expectation; and the unemployment rate ticked-up slightly due to greater labor force participation, printing at 3.6% versus the multi-decade lows of 3.5% from last month. The net response so far has been USD-weakness as US equities have gapped-down. Gold prices have continued to tick-higher after this week’s support ... (full story)
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- Feb 8, 2020 5:58am Feb 8, 2020 5:58am
- DonFF
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- Feb 9, 2020 2:38am Feb 9, 2020 2:38am
- fontu
- Joined Mar 2008 | Status: Name real with real own way | 181 Comments
Not understand?better not follow my analyses!doubt clearer first, risks ++