FOREX: Dollar and S&P 500 Charged for NFPs but is this the Indicator to Spark a Major Reversal?

We are counting down to the US session release of the May nonfarm payrolls (NFPs). The influence this indicator has in the lead up to its print and the volatility that follows is consistently potent. However, the lasting influence it has on price action has diminished significantly this past year because its fundamental significance has receded with the shift in focus to monetary policy.

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