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Dollar makes stand after strong jobs report - #SaxoStrats
What does the latest US employment data mean for USD, asks Saxo Bank’s head of FX strategy John Hardy.
Nonfarm payrolls added 156K in December against an expected 178K and unemployment went higher to 4.7%. Average hourly earnings moved to a 2.9% year-on-year gain.
Hardy considers how USD will move in early 2017 following a lacklustre performance at the end of 2016.
02:33 minutes
Tags: dollar, john hardy, non farm payrolls, saxotrader, saxotradergo, tradingfloor.com, us employment data
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