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

Previous Next Archives

Latest IMTs

Trump Hits Dollar but Wait Bessent & Powell...
by Ashraf Laidi | Jan 28, 2026 11:47
Retail Traders' Hastiness
by Ashraf Laidi | Jan 27, 2026 9:40
From Silver to Yen
by Ashraf Laidi | Jan 26, 2026 11:55
Gold or Silver?
by Ashraf Laidi | Jan 23, 2026 17:42
40 on the Mint Ratio
by Ashraf Laidi | Jan 23, 2026 11:27

Subscribe to Ashraf's Newsletter

Name:

Email:

Latest Hot-Chart - Jan 22

EURGBP Channel Test EURGBP is on the cusp of a channel breakout. One of the least well known secrets is how this pair correlates with major equity indices. View Hot-Chart..

Intermarket Analytics

21-yr Intermarket Charts - 7 indices 11 currencies 14 commodities Chart

21-yr Intermarket Charts - 7 indices 11 currencies 14 commodities Interactive charting by instrument, chronological and alphabetical order. This enables organizing each individual commodity, currency or equity index' performance by magnitude or chronological order. View..