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USD/JPY slides towards 149.50 as US payrolls miss on forecasts

The US October Jobs report has just been released and it missed on expectations. Payrolls only rose by 150k and the unemployment rate ticked up to 3.9%. The reaction in the markets has seen the dollar fall back across the board. The USD/JPY has slumped below the lows seen yesterday, at 149.85. The price has dropped close to 149.50 as the EUR/USD lifts towards 1.07

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