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After a week of waiting, the action on Fri night was
plenty. US Aug NFP came in under average forecast of 180K, with a print
of 151K. Average hourly earnings weakened to 0.1%m/m from previous 0.3%.
The pullback in the DXY index was not sustained as markets shifted their
focus back to where it really mattered – the Fed hike possibility – and
investors are apparently still very split on that. Ahead of a long
weekend, DXY index completely reversed out and ended the night even
higher...
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