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Will the NFP report set the direction for the USD?

1:48 PM 1 February 2019

US dollar remains mixed just ahead of the key NFP report scheduled for 1:30pm GMT, gaining on the GBP but losing somewhat against the EUR. EURUSD attempted to move higher after the FOMC meeting this week but the labour market report may have a lot to say about chances for a more lasting rally on the pair. The market consensus sees job gains of 165k for January.

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