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Today analysis, 2 September 2010

analyst

EURUSD: poor ADP results in the US initiated a reversal in the pair.

Yesterday’s anxieties over the upcoming ADP results had been reasonable. The data turned out to be much worse then expected, and the US private sector lost 10 thousand working positions. This decrease was the first after a six-month growth. The market expected step by step manpower growth in the private sector in the process of economic ...

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