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The traders expecting very positive news for the Friday key US non-farmpayroll report. The current expectations are for level of 135K, with 38K betterthan the prior month. The positive news for the US unemployment sector willdispel the fears that Fed will cut the interest rates this year. But thepositive expectations are still not affecting on the market where theeuro/dollar trading remain at levels above 1.33 and close the 2-years high of1.3410. For today the market will continue into neutral movement. The breakabove 1.34 is sure if tomorrow key fundamental data is worse than theexpectations. On the other side the dollar will recover and move down below1.33.
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