XE Market Analysis: Currency Markets Poised to Exit Goldilocks Zone Over Fears of Global Economic Meltdown

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OVERVIEW

  • The mighty dollar takes a hit after disappointing jobs data. NFP comes to just 20k whilst estimate was at 180k.

  • GBP/USD waits near the bottom of a two-week low as investors look to a new parliament vote on March 12th

  • NYMEX WTI Crude loses 3.65% after China records trade contractions.