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Late European Session
10/02/09 by Daily Forex Snapshots
Filed under Forex & Futures
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Non Farm Payrolls dropped heavily in Sep (-263K M/M vs. -175K expected, -216K previous), sending equity markets plunging lower and commodities down across the board. The effect on risky assets had certainly been anticipated, however more surprising was the resilience of the EUR in the face risk appetite gone sour. EURUSD tried to puncture support through 1.4500, touching a low of 1.4481 before… | ||||||||||||||||||||
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