· A 25bp hike from the ECB clearly wasn’t enough for traders hoping for confirmation of further firming over the near term.
· Though NFPs sank by 66,000, the dollar was little moved as market participants were expecting much worse.
[B]
Stories to watch on DailyFX[/B]
· Find out where traders were positioned before today’s event risk (on DailyFX) and after (at DailyFX-Plus).
· Prepare for event risk next week by taking note of the top event risk on the DailyFX Calendar.
[B]
Send any comments or questions to <[email protected]> [/B]