Mid-Day Forex Technical Report - Dollar Extends Rally Despite Poor NFP |
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Action Insight Mid-Day Report Dollar Extends Rally Despite Poor NFP Dollar's rally extends further in early US session despite much weaker than expected employment report. Non-farm payroll report showed -159k contraction in the job market in US in the month of Sep, far worse than expectation of -100k, and was the biggest fall since Mar 03. The total job loss in Q3 after revisions added up to -299k, much higher than Q2's 214k. Unemployment rate remains elevated at 6.1%. Average hourly earnings
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