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Locked and loaded for another edition of non-farm payrolls

It's jobs Friday and and aside from the yen, the FX market has mostly traded flat ahead of the release. The pivot trade on a soft number has been what everyone has been waiting for in the past few months but now the market has front-run the data. Yields have tumbled and stocks have soared.

With that, the market is now in a much more balanced spot and -- if anything -- there's a skew towards buying the dollar on strong data. Don't forget that jobs are a lagging indicator and there hasn't... Read More

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Content Topics

Locked

Loaded

Another

Edition

Non

Farm

Payrolls

Non farm

Forex

Posted: Dec 2 2022, 13:13

Author Name: forexlive

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