US dollar holds strong despite disappointing NFPs, jump in unemployment rate to 6.1%. Forex traders look ahead to RBNZ rate decision, US retail sales, and news this weekend from the Treasury regarding Fannie Mae and Freddie Mac.
· US NFPs, unemployment rate disappoint, yet US dollar holds strong.
· Event risk will be limited next week, but RBNZ rate decision and US retail sales could shake things up.
· **News after the market close - the US Treasury may announce a plan for Fannie Mae and Freddie Mae this weekend, which could send the JPY crosses plummeting further.
Stories to watch on DailyFX
· Risk aversion is leading
the carry trade to plummet to two year lows.
· See what trade setups are topping the DailyFX Analysts' lists in the
DailyFX Analysts Picks section.
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NFPs Fail to Cool Dollar Rally, Looks to Next Friday's US Retail Sales, Fannie/Freddi
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