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Dollar rises (giving wages a free pass?) after better US jobs report

Discussion in 'Technical Analysis' started by ForexLive, Mar 4, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Strong jobs but wages stink. The dollar moved higher off the headline jobs gains with the EURUSD heading right to the 100 day MA at the 1.09289 initially.. There has been a quick rebound but now back down and making new lows as I type. Strong jobs at 242. Positive revisions of 30K, Unemployment at 4.9% but wages stink.

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