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USD short term/long term view

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Old 09-09-2009, 12:52
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Join Date: Sep 2009
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Default USD short term/long term view

Long term, I'm still bullish on the dollar. Non Farm payrolls came in lower than expected - although US the jobless rate hit a 26 year high. All of us traders need to be aware that the commodity dollars are still beating up on the USD short term. Risk appetite is outpacing technical/fundamental analysis for the beginning of the week. Look for the BoE and RBNZ announcements later in the week. Could be a driving force - and as always, the commentary is more important than the actual decision. Listen up!
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