NFP report supports Fed rate hike expectations and stronger US dollar – BTMU

Lee Hardman, Currency Analyst at Bank of Tokyo-Mitsubishi UFJ, notes that the strong than expected NFP print has supported the USD strength and prompted an increase in rate hike expectations among investors.
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Brent Crude trades near five-year lows, Morgan Stanley cuts price forecasts

Crude prices in Asia trade near five-year lows, weighed by bearish forecasts from the investment bank Morgan Stanley and a strong US dollar.
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