DislikedWe had the worst NFP figures in 5 years, yet EU and GU go down and UCAD up - what am I missing here?.. If that's a "SL hunting" - isn't a 100-pip move too big for that?Ignored
The U.S. House of Representatives is likely to vote on the banking sector bailout bill later Friday.
Brian Dolan, chief currency strategist at Forex.com, said he's not surprised by the muted reaction of the dollar to the jobs report.
"The bigger fish are in the frying pan...we've got the likely TARP passage later today, and the credit market squeeze is continuing to support demand for dollars," Dolan said.
One Chart is Worth Ten Thousand Words.