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Any data indicating the state of the labor market in the United States is important to currency traders due to the Fed’s mandate of maximum employment and price stability. In normal economic times, the Non-Farm Payrolls (NFP) is most-awaited, and complementary data throughout the month becomes secondary in importance.
The COVID-19 pandemic changed the way traders and investors collect and interpret data. Suddenly, a monthly interval (NFP is released on the first Friday of every…
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