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Market Review ahead of the U.S Jobs report.

The American dollar is recording its second weekly advance against the euro ahead of a U.S report expected that shows jobs added in a faster pace by employers in the world’s largest economy, also there are speculations that Federal Reserve will add stimulus. Moreover, EUR/USD pair advanced to record a high of 1.31376 from a low of 1.31168, while the pair started today’s session at 1.31181.

Meanwhile, the yen recorded its first advance against the dollar in five sessions, where the USD/JPY pair fell to a low of 99.687 from a high of 100.117 and the pair started today’s session at 100.106. The Japanese yen also advanced against the GBP, having the GBP/JPY pair recording a to low of 155.674 from a high of 155.749. EUR/JPY rose to record a high of 131.133 from a low of 131.015.

Friday, 06 Sep, 2013 / 7:10

Source : https://www.firstbinaryoption.com

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