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Thursday, January 4, 2018

USD/JPY cheers the ADP report, hits session high

USD/JPY up 32 pips to 112.83 The US dollar his higher against the yen for the second day, in part thanks to a surprisingly strong ADP employment report. The Fed has warned for a year that the jobs market would soon cool as the economy hits full employment but the numbers continue to defy them. ADP reported
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