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US Non-farm employment changes ( NFP ) result was below market expectation , but other result was better than expected, dollar index slightly stronger at closing. The commitment of trader report ( COT ) of Australian dollar AUD show last week there is less Bull and less Bear entering the market but the net position is Positive way above 0 , there is much more bulls position than bears. Technically looking at AUDJPY daily It hits monthly S1 on last week Friday and today bounce off MS1 , stochasti…
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[/url]Fundamental Forecast for Dollar: Neutral
See our 2Q forecasts for the US Dollar and market benchmarks on the DailyFX Trading Guides page
- Speculative positioning on the Dollar via futures has dropped to its most dovish position in 2-years
- Expectations for rate hikes have pushed back out to mid-2017, but risk trends may help supplement [url=https://www.dailyfx.com/usd]USD