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Lacklustre payrolls report leaves the dollar hanging

In another see-saw week for FX markets, the US dollar again looks to be ending it broadly flat after the key non-farm payroll figure proved somewhat weaker than consensus expectations. Next week’s US inflation print looks set to continue the data rollercoaster – the payrolls report indicated strong wage growth (0.5% m/m), pointing to growing price pressures in the US economy.

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