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Dow Jones Technical Analysis

Last Friday's NFP report once again surpassed expectations, maintaining an impressive streak of 14 consecutive beats on the headline number. However, a closer examination of the report's specifics reveals a less remarkable picture. The unemployment rate experienced a significant jump from 3.4% to 3.7%, representing the largest month-over-month increase since the beginning of the pandemic. Additionally, there was a slight decline in average workweek hours, often signalling employers' inclination... Read More

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Posted: Jun 5 2023, 10:01

Author Name: forexlive

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