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Thekrash has taken 7th place in Dukat Contest Jan - Mar 2018

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Thekrash has taken 7th place in Dukat Contest Jan - Mar 2018

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USD not so bad after awful NFP

Today, first day of the month we had the Non Farm Payroll and Average Hour Earnings from the US. The numbers that came out were pretty bad, the average hour earnings were expecting to drop from 0.3 to 0.2 but instead it dropped 0.1%. And iin the case of the NFP, it not only came aroun 30k worst than forecast, the previous number was also revised from 209k to 189k. The initial move was the first and logical reaction to this numbers, in case of EURUSD price went up 65 pips but then it fell 120, in…
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