With King Dolla Strength and the decent NFP print I fomoed myself in at 120.1 before this blew up to 121+ !!!!
However as our resident bear Peter Schiff pointed out "The number of Americans not in the labor force surged to 98.9 million, a new record high as the participation rate dropped to 62.8%".
Still it didn't stop the DXY making nice gains today. The trade is risk free now with trailing stops set.
Let the Nikkei be your guide here.
However as our resident bear Peter Schiff pointed out "The number of Americans not in the labor force surged to 98.9 million, a new record high as the participation rate dropped to 62.8%".
Still it didn't stop the DXY making nice gains today. The trade is risk free now with trailing stops set.
Let the Nikkei be your guide here.