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Looking for 200+ NFP’s - BBH

FXStreet (Guatemala) - Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman explained the US employment data will also most likely confirm what we already know, and if it does not, it will likely be shrugged off as a fluke.

Key Quotes:

"There is no reason not to look for the 200+ monthly increases in non-farm payrolls to extend the streak to seven consecutive months."

"Nearly all the inputs that have been reported that economists use to shape their forecasts improved. Fed officials are looking at the general trend and here is what they see."

"The acceleration of improvement can be seen in the averages. The more recent averages are above the long-term term averages."

"The three-month average is 245k. The six-month average is at 244k. The 12-month average is at 214k, and the 24-month average stands at 203k.

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