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Earlier today the Dow Jones was priced to potentially reopen above 43,600. As noted earlier the record for the index before today stood at 43,325. Well it has just this minute gap-opened higher above that previous all time high, just now kicking off the session around 43,475. Of course that means there is an opening gap back to the previous record high which could be filled before any further upside might kick-in. We shall have to see on that. The gains in US stocks have also some as the European stock markets fall back even further than at the time of the previous update, which noted the significant amount of rotation out of Europe and back to the US. The Dow Jones is right not exactly paring the initial opening move, currently trading at 43,570
So, the initial reaction to the US jobs data saw the dollar fall sharply. As reported on, that dive sent the GBP/USD above 1.28 and the EUR/USD above...
The US equity market futures are all in the green right now and pointing to a slightly higher opening in around 30 minutes. The gains look pretty...
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