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A bruising sell-off continues on the USD as US CPI inflation trends lower. There is a degree of consolidation today as the dust settles after some big moves in forex and indices.
As in yesterday's report, the main focus out of the US this week will be the Jobless Claims data on Thursday.
Nonfarm Payrolls are part of a key US labor market report released monthly. They impact Treasury yields, major forex pairs, commodities and US equity markets.
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