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  • What did last week's U.S. NFP reveal? What's next?

What did last week's U.S. NFP reveal? What's next?

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The nonfarm payrolls is not bad according to the data. Before the data was released, the market was trading nonfarm payrolls more than expected. However, after the data was released, the hourly wages fell MoM has become the protagonist, and the dollar and U.S. bond yield lower.
Winkelmann

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