DislikedWhich probable means we should all be going long I read this earlier today
They are are expected moderate job losses tomorrow
"We believe that a strong number will initially be dollar positive but eventually be risk positive while a weaker than expected number could actually drive the dollar higher."
http://www.fx360.com/commentary/kath...at-matter.aspxIgnored
I think NFPs will be worse than expected with the GM layoffs and closure of many dealerships, along with their bankruptsy filing. Unemplyment will rise too, and if this causes equities to fall, dollar will rise.
Situation for work is bad here in Canada too.