NFP (Non-farm Payrols)
December 7th, 2007
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Today is teh NFP day. The US Employment report is probably the most important of all the market moving events. Today’s NFP will probably afect the markets more than usually because it precedes very important FOMC meeting. If today we see number greater that 100K FED may skip this rate cut or may cut by 25 bp and change the statement. This could boost the Dollar and send EUR/USD below 1.4520 and GBP/USD below 2.0180.
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