Strong words from a 1 post guy who is probably Marketsurfer again (checking ip). Of course, market surfer has been shorting since the low 900s.
Non-farms always seems to take the USD higher. Irrespective of what's going on with jobs data, Bernanke will have one eye on Japan's experiences and will leave rates close to zero for longer than people imagine. Bill Gross reckons we'll be at this level until 2011..
There's always a rumor a big jobs number every month...lol I think we come in-line with expectations. Hoenig already laid out the playbook an hour ago...
you don't have to wait for the number, just take a look EUR/USD overnight, someone will front run it.
What if the number is north of 100k, I know one month doesn't make a job report but would it be sell the news type of number, I think it could be. A surge into the open then gap down. What about 250k+ whew, tomorrows number is going to be a definite market mover with plenty of volatility, the number will be spun as positve no matter what it is, especially when Steve Liesman is yapping away.