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EU Bullet Report | US Dollar Rebound on FED’s Hawkish Comments
May 4, 2016 8:29 amVideo
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A relatively quiet Asian session while the EUR retreats after climbing above $1600 levels on Tuesday on the back of weaker US dollar. The positive data showing improvement in Manufacturing in Eurozone and Germany also helped the single currency to gain momentum. While the Market waits for the ADP – NonFarm report today, the Non-Farm Employment Change is expected to create a lot of volatility on Friday as it might be able to give an indication about the Fed Rate Hike prospects for this year.
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