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VIDEO: Initial claims data readjustments from seasonals influencing the major currencies
2023-04-06
The US initial jobless claims seasonal adjustments mainly due to volatility of covid data (still living that nightmare), sent that series to the upside and change the trend of jobs since mid-January from strong to getting weaker.
There markets reacted to that data.
In this video I explain the early moves in yields and then in some of the major currency pairs including the EURUSD, USDJPY and the GBPUSD.
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