Intraday Market Thoughts

Dectaper Bells Deflated Despite Jobs

by Ashraf Laidi
Dec 6, 2013 16:41

Today's simultaneous release of the Fed's preferred inflation indicator with the November jobs figures is a fresh reminder of the dual forward guidance at the Fed's disposal used at tempering enthusiasm of an imminent reduction in asset purchases. Here is my take on why EURUSD has shrugged today's US jobs. Full Chart & Analysis

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Dectaper Bells Deflated Despite Jobs - Us Core Pce Vs Unemployment (Chart 1)

Act Exp Prev GMT
Unemployment Rate
7.0% 7.2% 7.3% Dec 06 13:30

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