Employment data releases today may finally satisfy market as there are real improvements in US labour market. Though there are 162K jobs added this month and payroll is worse than expected 184K, employment rate finally decreases. Additionally, it beat expected 7.5% and declined 0.2%.
Because tapering plans depends on economy, especially job data. Therefore, the day of reducing bond-buying program will come soon, and we will see the strong US dollar again.
Because tapering plans depends on economy, especially job data. Therefore, the day of reducing bond-buying program will come soon, and we will see the strong US dollar again.
