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Saturday, May 3, 2008

Dollor Range Bound

In London: - The dollar was trading in a range against most currencies as investors look to the upcoming payrolls data for more direction and a better sense of how hard the U.S. labour market is being hit by the credit crunch
The market is forecasting a 75,000 loss in jobs in April after March's 80,000 fall, although ADP's forecast for a 10,000 increase will have caused expectations to improve.

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