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EURUSD failed to extend above $1.1650...>

EURO-DOLLAR
EURO-DOLLAR: EURUSD failed to extend above $1.1650 with the subsequent reversal
basing ahead of $1.1600. Focus turns to the US jobs report at 1230GMT. Non-Farm
Payrolls are forecast to rise by 195k in August after a weaker-than-expected
157k rise in July. The unemployment rate is expected to fall further to 3.8%
after dipping to 3.9% in July. AHE are forecast to rise 0.2% after a 0.3% gain.
MNI's Data Team highlight in the last 20 years, analysts have overestimated
August payrolls 19 times and underestimated it only once. This trend of
overestimating is even more obvious in the most recent 10 years, with high
misses in nine of this years and in each of the last seven years. EURUSD last
$1.1612.

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