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Forex Exchange Morning Report
The main event on Friday evening was the stronger than expected US payrolls report. Equities rallied on the news (S&P500 +1.4%, US banks +2.5%), as did commodities (CRB +0.8%, oil + 1.6%, copper+1.2%) and risk currencies, although the US dollar's reaction was mixed. US Treasury yields rose, the 2yr +4bp,...
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