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Koefoed: What to expect and how to trade notoriously tricky July NFPs

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Saxo Bank’s Mads Koefoed looks at what you can expect from the July US nonfarm payrolls, especially in light of recent comments from the Fed’s Atlanta President Dennis Lockhart on the likelihood of rate hike soon.

Koefoed also explains why the July US jobs report is notoriously trick to trade and what risks traders need to watch out for.