The silver markets initially fell during the day on Friday, as the jobs numbers came out much stronger than anticipated.
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The EUR/USD pair went back and forth during the course of the day on Friday in reaction to the much stronger than anticipated jobs number in America. The British pound rallied during the day on Friday, in reaction to the better than anticipated jobs number.
The USD/JPY pair went back and forth during the course of the session on Friday, as the Nonfarm Payroll Numbers cause quite a bit of volatility as they typically do. The New Zealand dollar had a very good day as we initially fell but then turn right back around to break out to a fresh, new high.
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The WTI Crude Oil market had a very volatile session on Friday, trying to break above the $46 level, which was previously supportive at the bottom of the descending triangle.
The S&P 500 took off to the upside during the course of the session on Friday in reaction to the stronger than anticipated jobs number. The NASDAQ 100 and took off to the upside as well, and in fact made a “higher high” finally, and as a result it looks like the NASDAQ 100 should continue to go even higher as we closed so close to the top of the range for the day.
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Gold prices settled at $1364.61 an ounce on Friday, a rise of 1.66% over the course of the week's trading, as upbeat U.S. economic data failed to alter investors’ outlook on Federal Reserve interest rate increases.
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