Waiting to see if the sellers step aside now from the 0.98800 level or whether they fight to keep it during today's NY session.
FOMC raised by 75bps but NFP came in strong. Was the rate hike enough to kill job growth? GDP is being revised higher by the Atlanta Fed too.
Powell will want to see some demand destruction before easing off the rate hikes. US dollar has done well so far.
FOMC raised by 75bps but NFP came in strong. Was the rate hike enough to kill job growth? GDP is being revised higher by the Atlanta Fed too.
Powell will want to see some demand destruction before easing off the rate hikes. US dollar has done well so far.
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Always trying to close out for a Friday and will come back with fresh eyes after the weekend.