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Hi Broke
Yes if data comes in above market expectation it will be positive for the USD.
Currencies are always traded in pairs so for instance EUR/USD, aud/usd, gbp/usd, nzd/usd
therefore if the US payroll comes in above expectation all of the above will most probably trend down,whereas USD/CHF, USD/JPY will most probably have a bias upward,simply because whichever currency is first,is how the market is valueing it against the second currency broadly speaking if that makes sense.
think its time i hit the hay,
cheers cadet
roddy
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