Nomura on the USD – the NFP report is not a reason to turn bullish on it
Summary
By sueyangfx.com September 07, 2020 at 01:07AM A Nomura response to the nonfarm payroll number out of the US on Friday. The better than forecast NFP result is not a reason to turn to a long US dollar position. The […]
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September 07, 2020 at 01:07AM
A Nomura response to the nonfarm payroll number out of the US on Friday.
The better than forecast NFP result is not a reason to turn to a long US dollar position. The EUR sell-off result in response to the release was due to a crowded long position only. Nomura remain bears on the USD vs.