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#OPINIONLEADER# Morning market update 09 10 2021: NFP was true to form with a very unexpected result although when looking at the other employment data the result wasn't that bearish for the DXY. These mixed results did offer some opportunities for trades with the USDCAD short playing out nicely as it went through 1.2500 with a beat on the Employment Change (Sep) and an expected unemployment rate. Now that the NFP is out the risk on sentiment will have to now deal with the US CPI data coming out on Wednesday night at 20:30 GMT+8. Core CPI (MoM) (Sep) is expected to be 0.3% so will be keenly watching to see how markets react if this does beat expectations as the DXY closed the week just above 94.00.
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