Tapering Unweathered by NFP

by Ashraf Laidi

Feb 7, 2014 15:23

Weather was no factor. The 113K in Jan NFP and lowest unemp rate since Oct 2008 will not dissuade Fed ChairYellen from making a hawkish testimony at her Congressional appearance next week, supporting the case for further tapering in monthly asset purchases. This explains the hammer formation in Weekly USDJPY and 10 yr yields. Full Charts & Analysis

Click To Enlarge

Latest IMTs

• Gold & Silver 38 Pct Retracements
  by Ashraf Laidi | May 6, 2026 19:34
• Bitcoin Update
  by Ashraf Laidi | May 5, 2026 14:30
• JPY Soars & Oil Drops
  by Ashraf Laidi | Apr 30, 2026 12:49
• Gold, Silver & the Fed
  by Ashraf Laidi | Apr 29, 2026 14:45
• Have Stocks Peaked?
  by Ashraf Laidi | Apr 27, 2026 14:47