Quote:
Originally Posted by pip-pip
It is obvious that the US unemployment report had a great impact on how people feel about the future price of the US dollar. but i still don't understand how 8000 of jobloss would improve the value of dollar in future. I had a hard time understand what motivated buyers outthere.
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What if it was a bunch of shorts closing out their positions? That could create the positive USD price move. It wouldn't imply any interest in actually owning USD, though.