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Junior Member
About some bussiness
The dollar and U.S. stocks difficultly ended the negative correlation. The risk appetite would be the leader of forex market for a long time. Their current decline trend also proved the remark.
The labor department announced the data on 4th November that the non-farm employment number reduced by 11 thousand. The data implied that the labor market was better and it also strengthened the expectation of Fed increasing interest rate in advance.
However, the dollar did not decline but rose across the board since the risk appetite rose. Some analysts indicated that this might be the beginning of the stock market and the dollar released from each other. The forex investors paid more attention to the fundamental issue of the economic growth and interest rate cycle again.
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