Forex in 60 Seconds - NFPs Plunge And The ECB Hikes Yet EURUSD Drops 200 Points
Posted: 04-07-2008 , 02:20 GMT
· A 25bp hike from the ECB clearly wasn't enough for traders hoping for confirmation of further firming over the near term. · Though NFPs sank by 66,000, the dollar was little moved as market participants were expecting much worse. Stories to watch on DailyFX
· Find out where traders were positioned before today's event risk (on DailyFX) and after (at DailyFX-Plus). · Prepare for event risk next week by taking note of the top event risk on the DailyFX Calendar. Send any comments or questions to jkicklighter@dailyfx.com
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