Unemployment numbers disappointing. Metals rally to new recent highs

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 8, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Financials: Mar. Bonds are currently 1’03 higher at 164’11, 10 Yr. Notes 15.5 higher at 130’27 and 5 Yr. Notes 10 higher at 121’11. Friday’s Unemployment Report showed a disappointing increase in non-farm payrolls of 151,000, well below expectations of 188’000 pushing rates to new lows. Late last week we sold out of the long leg of the June 2016/June 2017 Eurodollar spread leaving us net short the June 2017 Eurodollars. We are losing 20+ points at this moment and will sit with the position for

    Continue reading...

Share This Page

free forex signals