EUR/USD, GBP/USD, and USD/JPY Setups After Weak NFPs
- USDJPY dip and rip as QE3 taper looks on track.
- European currencies look better positioned now; Yen allure fading.
The pace of jobs growth in the United States has slowed (the weather? incoming recession?) but the continued fall in the Unemployment Rate leaves the US Dollar with a mixed bag headed into next week.
Read more: EUR/AUD, EUR/JPY Attempt Post-ECB Reversal
--- Written by Christopher Vecchio, Currency Analyst
To contact Christopher Vecchio, e-mail email@example.com
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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.