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Euro, British Pound Rally Against the U.S. Dollar Ahead of the U.S. Nonfarm Payrolls Report



DailyFX   |  September 3 2010 6:46 EDT



The Euro extended its three day advance against the U.S. dollar ahead of the highly anticipated nonfarm payrolls report from the world’s largest economy. Indeed, we may see whipsaw price action ahead of the report as the currency market looks for direction. Market participants should not rule out a less than usual reaction to the release as some traders are offline going into the holiday weekend.


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