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📈Dollar Index Rebounds On Strong Jobs Report: Cable FX Macro

  • The Cable FX Macro Dollar Index <.RDDXY> rose by 0.9% on the week ending in Feb. 2, this was a rebound from a prior weekly loss

  • Range trading took place into the FOMC while an upside breakout failed to gain traction on Thursday session

  • Strong headline, a + revision, and above expected average hourly earnings took the dollar higher into the end of the week. January payrolls topped every estimate in the forecast range


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