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January 10, 2025

US Dollar Poised for Rally – NFP Impact on GBP and EUR

Will the US Dollar strengthen its position? Market-focused trends surrounding Non-Farm Payrolls and inflation sentiment are likely to drive movements in GBP USD and EUR USD. As significant employment data approaches, traders must evaluate potential outcomes that may shift the dollar’s trajectory. The insights from this economic data will have broad implications, impacting not just the Dollar but also the associated currency pairs. Market participants should stay alert to potential changes that can arise from these reports.

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