Friday’s US Non-Farm Payroll report wasn’t much help to Forex traders who were expecting to see strong, directional trade flow after the announcement. The headline jobs number printed a disappointing 148,000 (190,000 expected), the unemployment rate remained unchanged at 4.1% and the hourly earnings were as expected at .3%, with a downward revision to the November number to .2%. All considered, the tepid headline growth number wasn’t bad enough to change forward interest rate expectations for the FED, but it wasn’t good enough to stem the USD’s recent weakness going into the weekend. With the Greenback under pressure ... (full story)