Following the strong NFP, Blake discusses the instant reaction in the Forex and stock market and what key levels traders should be focused on. He believes the market came in very short USD's into the data, so the US dollar should stay bid through the session, but also thinks the US equity market may recover. US yields are rebounding on the strong NFP as traders reprice rate cut expectations.
Following the strong NFP, Blake discusses the instant reaction in the Forex and stock market and what key levels traders should be focused on. He believes the market came in very short USD's into the data, so the US dollar should stay bid through the session, but also thinks the US equity market may recover. US yields are rebounding on the strong NFP as traders reprice rate cut expectations.