Commentary

NFP surprises. Posts a 117k gain. Unemployment rate dips.

05.08.2011, 13:21:46 PM

by Around FX

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The indicator suggests some of the recent fear in markets is not justified and might be overdone. Next week the FOMC will decide on the U.S. interest rate and may provide some help to the markets. The SNB, BOJ and ECB acted this week. Now Fed's turn.

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