In the daily currency technicals, the euro drops below 1.2800, Japanese yen takes over, the British pound must hold 1.8406, and the Swiss franc can't take 1.2200.
The much awaited non-farm payrolls report for the month of June was a big disappointment and did little to clear the air on whether the Federal Reserve could potentially raise interest rates again in August.
Non-Farm payrolls for the month of June increased by 121k with a 18k upward revision for the month of May. Analysts have been too optimistic and proven wrong once again.
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