Post NFP news:
I didn't watch bloomberg last Friday night so I just don't understand why NFP figure is good (smaller figures) but Dollar getting stronger that night?
By right(as my logic tell me), Dollar should be weaker because unemployment figures has improved showing sign new jobs being created...
Unemplyment figure drop frm -111k to -11k (huge different)
Can it be, the good news has been factor in the price before Friday night announcement?
As u can see GU & EU price climbing upwards since last Monday until Friday...
Or I'm missing some important points here? Some other issues, troubles brewing with the world/ US economy that I'm not aware of?
Link frm Bloomberg on yen movement:
http://www.bloomberg.com/apps/news?pid=20601087&sid=ayQbwy0dhGoQ&pos=1
I didn't watch bloomberg last Friday night so I just don't understand why NFP figure is good (smaller figures) but Dollar getting stronger that night?
By right(as my logic tell me), Dollar should be weaker because unemployment figures has improved showing sign new jobs being created...
Unemplyment figure drop frm -111k to -11k (huge different)
Can it be, the good news has been factor in the price before Friday night announcement?
As u can see GU & EU price climbing upwards since last Monday until Friday...
Or I'm missing some important points here? Some other issues, troubles brewing with the world/ US economy that I'm not aware of?
Link frm Bloomberg on yen movement:
http://www.bloomberg.com/apps/news?pid=20601087&sid=ayQbwy0dhGoQ&pos=1