2.8 The dollar decline triggered by employment statistics
This article does not indicate or recommend any buy/sell timing.
Please make your own investment decisions.
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The employment statistics were weak and revised down.
As mentioned in Friday's morning article, the stock market tends to stay firm even when the forecast is downward.
This is because expectations for additional economic measures are rekindled, and proceeds to support employment are expected to accelerate, making buying pressure likely to gather.
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