U.S. Forex Market Commentary |
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EURO The euro moved lower vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4810 level and was capped around the $1.4915 level. The major news in the markets today revolved around the U.S. October non-farm payrolls report where it was indicated the unemployment rate jumped to a 26-year high of 10.2%, far above the 9.8% prior reading and above expectations. Similarly, the change in non-farm payrolls was off 190,000, worse-than-expected and
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