NFP Update
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The US will release the November Payrolls (NFP) report in 30 minutes which will potentially cause more pain to the USD. In the month, the country is projected to add 481K new jobs, below the previous 638K. However, the unemployment rate has risen from 6.9% to 6.8%. Average hourly earnings are expected at 0.1% MoM and rising by 4.3% YoY, below the previous 4.5%.
