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Can US Employment Data Support the Dollar? (Risk of Decline in #SPX and #USDX)
Can markets shift their attention away
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Can markets shift their attention away from developments in the Middle East today? That is the key question ahead of the release of the U.S. employment report.The inability to resolve the standoff between the United States and Iran has already led to a deadlock that has created significant uncertainty across financial markets.When the conflict began in March, the market reaction was relatively straightforward. A clear pattern emerged in which rising oil prices supported the U.S. dollar and weighed on precious
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Pati Gani,
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