Menu

  • The dollar is strong moving into Non-farm Payrolls

    From hantecfx.com

    Perhaps it was a slightly delayed reaction to the extremely strong ISM Non-Manufacturing data, but the dollar bulls seemed to get another shot in the arm yesterday as hawkish Fed speakers continue to suggest the FOMC is on track for its tightening cycle. Two of the more hawkish FOMC members, John Williams and Patrick Harker both reiterated the Fed being on a consistent path of rate hikes. Furthermore, the first key step towards tax reform as the House of Representatives passed the budget, which now goes to the Senate. All of this subsequently means that the dollar is strong moving into today’s Non-farm Payrolls ... (full story)

weaker in the last 4 hours but you can't time them all.
The dollar will remain strong for a while till going into mid next week
  •  Guest
  • | IP XX.XXX.14.70
A case of "the ides of March has come, but not yet gone" ala Julius Caesar - strong going in but weak coming out. All in a single day's market action. Not bad.

The Crow (-_-)
^ March comes in like a lion and goes out like a lamb. Just reminded me of that.
  • New Comment
  •  Guest
  • | IP XX.XX.9.172
Join FF
  • Story Stats