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Fundamental Currency Analysis

Fundamental Currency Analysis

September 10th, 2014,  Guest post by Jay Hawk at Orbex

Fundamental Currency Analysis

USD: The U.S. Dollar was trading lower in Asia today and is currently trading just off of its daily high of 84.2560 at 84.2240, down -0.0540 or -0.06 percent midsession. The Greenback was off on the back of JOLTS Job Openings, which showed an increase of +4.67M jobs in July, slightly lower than the expected +4.72M. Later today, U.S. economic releases will have Crude Oil Inventories (-1.0M) and a 10-year Bond Auction.

 

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