US labour market continues to tighten but earnings growth subdued – BTMU

Lee Hardman, Currency Analyst at Bank of Tokyo-Mitsubishi UFJ, reviews the US jobs data release and further notes that the data was enough to cause USD to strengthen in the near-term but isn’t strong enough to bring a mid-year rate hike in the picture.
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GBP/USD: support at 1.5400 key for direction – InvestingBetter

Alpesh Patel of InvestingBetter, believes that GBP/USD might see some correction, anticipating a move below 1.5400 to open up 1.5300 area.
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