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Forex Flash: US Jobs in focus - Societe Generale

FXstreet.com (Barcelona) - Kit Juckes, Global Head of Currency Strategy at Societe Generale notes that today, the ADP National Employment Report likely will colour expectations heading into Friday's official government release.

He sees that data in hand points to a 225,000 jump in the ADP private payrolls series, after a 198,000 rise during the prior month. The release of the non-manufacturing ISM gauge will also be a focus for market participants. He writes, “We project that the aforementioned measure retreated by 2.3 points to an eight-month low of 53.7 in March.”

Forex: EUR/USD in highs on IMF announcement

The bloc currency is climbing to fresh session highs in the boundaries of 1.2840 after the IMF informed that it will contribute with €1 billion to Cyprus deal. In the same line, Cypriot officials said the country...
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Forex Flash: GBP: Digging deeper into flows - Nomura

Nomura strategist Geoffrey Kendrick notes that following last week’s Q4 2012 balance of payments and yesterday’s February nonresident gilt buying data, he has outlined a comprehensive basic-balance approach to GBP analysis.
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