Folks,

What a shock that Non-Farm payrolls missed by a mile with not only the average hourly work week declining but earnings as well. Why the positive bullish reversal on the US Dollar? My call is that we have the G20 meeting plus the EU announces Q2 GDP revisions on Tuesday and they have a central bank meeting as well. There “bazooka” easing in March hasn’t worked out very well so do they ease more? If so the dollar will rally and that could be the reason for the rally in the dollar.

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