DislikedAgreed! Just seems all the good USD economic news hasn't turned the bull Eur wave.
So does that mean if US employment #'s are below expect significantly, Eur might bounce more than normal?Ignored
The market is not going to wait till it actually reaches 6.5%, but rather will start to price in a rate increase if they see that we are moving in that direction.
So, if the Jobless claims number is significantly less (and I emphasize SIGNIFICANTLY), then I would expect it to be USD bullish.
Keep this in mind for the next NFP in early January because the unemployment rate is now going to have more importance than the headline jobs number.
Those who say it cannot be done should not interrupt those who are doing it