Much stronger than expected though rate jumped. Watch census hiring. Upward revisions of 82,000. Another positive.
US nonfarm payrolls fall 345,000, rate 9.4%
Source: www.forexlive.com
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Bank of Korea Keeps Interest Rate at 3.25%
The Bank of Korea maintained its 7-day repurchase rate unchanged at 3.25%. The Bank said: “In Korea, exports have shown...
EUR/USD dips to 1.3960 support as longs continue exodus
EUR/US has fallen back to the 1.3960 area as longs continue to head for the sidelines in frustration. Animal spirits were whipped up over the last 24 hours only to come unglued in US morning trade. Small central bank buying has been seen on this latest dip with the more active trading CBs playing...
10-year note auction so-so
At a price, you can sell anything. The US Treasury had to pay 3.99% to sell $19 mln of 10-year notes. So far the dollar is holding up, perhaps supported by the higher yields. EUR/USD has fallen in to the 1.3960s after the auction. Update: Stocks have headed lower on the higher yield backdrop,...
China’s major fuel stocks up 4.7% in June – Source
This news will be underpinning improved risk...
GBP/USD Continues its Recovery after Positive Manufacturing Production
By Fast Brokers - The Cable has jumped over our 2nd tier downtrend line as investors celebrate a better than expected manufacturing...