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FX Week: USD breakout possible ahead of latest NFP data

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Starting with his latest thoughts on the chance of a rate cut by the Reserve Bank of Australia, Saxo Bank's Head of FX Strategy John Hardy, looks ahead to the key events of the FX week with a focus on the latest US employment stats, due to be published on Friday.

Strong nonfarm payroll figures would support the possibility of a Fed December rate rise and so there is a chance for a USD breakout, in John's view, and he outlines his predictions forEURUSD.  

Plus John talks through his trades, and levels to watch.