Currency Traders May Ignore Stormy Labor Data

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03-05-2010, 02:03 PM

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Currency Traders May Ignore Stormy Labor Data

Ahead of the U.S. employment report the dollar is stable. Dealers will be looking at the headline number, expected to be job losses for February of around 50,000, and deciding whether bad weather distortions nullify the data. The dollar may react positively in the meantime due to a risk-aversion bid....

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