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Russell 2000 Technical Analysis

Last Friday's NFP report once again surpassed expectations, extending the record streak to 14 consecutive beats on the headline number. However, upon examining the report's details, they weren't as impressive. The unemployment rate experienced a notable increase from 3.4% to 3.7%, marking the largest month-over-month jump since the pandemic began. Additionally, the average workweek hours showed a slight decline, which often signifies employers reducing hours before laying off workers.All things... Read More

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Content Topics

Russell

2000

Technical

Analysis

Forex

Posted: Jun 5 2023, 09:00

Author Name: forexlive

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