U.S. Dollar Soars Ahead Of Payrolls, But Can Rally Last?
The U.S. dollar traded sharply higher against all of the major currencies on Thursday, with USD/JPY closing above 110 for the first time since April – a sign that investors are positioning for a strong report. Last months jobs number was abysmal, with U.S. companies adding only 266,000 new workers. Economists are looking for job growth to more than double in May, but the problem is that...
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