The U.S. economy has strongly advanced, but not the dollar

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Probably the most burning question in your mind is the following: Why is the EURUSD trading at 1.1860? Well, if we are looking at the macroeconomic data, we can observe: the Non-Farm Employment Change beat expectations by being reported to 252k, the Unemployment Rate fell to 5.6% but the Average Hourly Earnings disappointed with -0.2%. Here are two conclusions to be drawn: The market participa...

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