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Payrolls, the peskiest of all releases

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 4, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Outlook: Today we barely have time to finish licking our wounds from the Draghi disappointment before payrolls will be upon us. As in the Draghi case, the FX market outcome hinges on the variance between expectations and actuals. Draghi is thought to be surprised by the abrupt and outsized rise in the euro, but his staff should have warned him. If you say “whatever it takes” and you know the market thinks that means an increase in monthly purchases but you don’t do that increase, you are

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