After jobs report, traders up in the air
December 2, 2005 by Trader Rich
After the jobs report this morning, which reported a nonfarm payroll growth of 215K and 5% unemployment, traders were up in the air on which direction the currency market should go.
Usually the volatility after this report is quite high after the announcement but that volatility didn’t exist this morning. Just now are the majors putting pressure on the USD.
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