Intraday Market Thoughts

US Jobs Add to Explosive USD Rally

by Ashraf Laidi
Oct 3, 2014 17:13

The rare combination of a decline in the jobless rate to 5.9% and upside surprise in employment creation at 248K turns the dollar rally into an explosif phenomenon in financial markets (in terms of momentum). Our Premium, longs in USDCAD, USDCHF and shorts in NZDJPY are nearing their final targets. Full charts & analysis.

Click To Enlarge
US Jobs Add to Explosive USD Rally - Usdx Gold Oct 3 (Chart 1)

 
 

Latest IMTs