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Nonfarm Payrolls expected above 200k – FXStreet

FXStreet (Guatemala) - Katarzyna Komorowska, Macroeconomics Manager at FXstreet.com noted that the US Nonfarm Payrolls report is widely expected to show another month of employment gains above 200K in June.

Key Quotes:

“If that is the case it would be the fifth running month of such strong readings, suggesting that the US economic recovery is taking hold”.

“The majority of the economists polled for this month's forecast report expect an increase in hiring of approximately 200-220K”,

Gold retreats from 3-month highs

Gold lost momentum after trading above $1,330 and pulled back. In the last hours it has been steady, currently hovering around $1,327 slightly higher for day.
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USD/JPY expected towards 107 by next spring - Rabobank

Jane Foley, Senior Currency Strategist at Rabobank noted that while USD/JPY could go lower near-term, they maintain that there is a bullish medium-term argument.
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