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One of these markets is going to be wrong about what happens tomorrow
What a mess in markets today.
Normally, falling yields would be good news for risk trades and bad news for the dollar but we're seeing the opposite today. Instead, it's a classic flight-to-safety.
It's an odd dynamic because you can't lock it into a non-farm payrolls outcome.
1) If you expect a weak jobs report, the lower yields make sense but it should also come with a lower dollar and stock markets will like it.
2) If you think payrolls will be higher then buying th... Read More
Posted: Mar 9 2023, 20:19
Author Name: forexlive
Views: 110611
