Mixed NFP brings no further clarity. Headline payrolls number misses expectations, falls below 200k.
Not much opportunity in the markets, they’ve been a bit quiet recently.
EUR/USD opened with a negative gap on Monday and continued trading lower during the Asian morning. The pair fell below the key obstacle of 1.0800, the lower bound of the longer-term sideways range, to hit support at 1.0770.
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https://www.youtube.com/watch?v=rTsRt8hKChI Greek voters have voted a resounding No vote to the government in their negotiations with the Troika of institutions
The dollar weakened yesterday on weak economic data from the US. The markets are looking towards the Fed’s testimony to congress. Markets are expecting normalisation to happen next year. Bank of Japan kept their QE program unchanged.
Today is the official start of the 3rd quarter of this year and we could expect investors to rebalance their portfolio, which means sizeable trades may be seen.
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