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Hardy: USD trading mixed after disappointing NFPs
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It’s a mixed picture in the FX markets after Friday’s disappointing US jobs report, says Saxo Bank’s John Hardy, adding risk appetite is back on the menu.
According to Hardy, it will be a busy week for central bank watchers starting with the Reserve Bank of Australia, which could trigger some moves in AUDUSD.
Hardy also looks at what is happening with EURUSD following the September nonfarm payrolls, which came in at 142,000 below market expectations of around 200,000.