2/7/2008 - the current market sentiment |
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The greenback has found footing by the release of June US non-farm payroll which is expected to be -43k next Thursday as a long weekend on the fourth of July holiday. The greenback could found support from an unexpected expansion number of the US ISM manufacturing index which has come at 50.6. A number above 50 means expansion and lower than 50 means contraction. In this same time the manufacturing PMI of EU of June came at 49.2 and in UK the manufacturing CIBS came massively down to
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