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Espresso Morning Call: USD strong ahead of Nonfarm Payrolls
Espresso Morning Call: USD strong ahead of Nonfarm Payrolls

USD made a storming recovery yesterday following an FOMC induced sell-off. With Big Tech stocks on Wall Street sharply lower, risk appetite is negative ahead of today’s Nonfarm Payrolls report.

End of Q2 flows into USD impact the outlook for major forex
End of Q2 flows into USD impact the outlook for major forex

As we come to the end of Q2, the USD is strengthening once more. This is testing some crucial levels on major forex pairs.

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