It’s NFP day and the US dollar is finally stabilizing after a big fall in the closing day of Q1. The focus is ever growing on wages: the Fed’s focus is on its inflation mandate and job gains could be subsided. We covered the levels to watch in the NFP components, the levels to watch in currencies and which currencies to watch in each scenario. Could the data overcome Yellen’s shadow? We’ll know soon enough
Wrap up of the morning show for April 1st (sorry, no April Fool’s jokes inside):
Video length: 00:06:11
