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NFP no Fed/USD Game-Changer

by Ashraf Laidi
Mar 9, 2018 16:47

Today's US NFP/Earnings data are a fresh confirmation of the status quo (3 Fed hikes in 2018) instead of increasing the odds of a 4th rate hike. With 1.5% inflation and ascending bond yields looming large over an aggressive Treasury borrowing schedule, it best to not rock the boat. Full analysis.

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NFP no Fed/USD Game-Changer - Earnings Usdx Mar 9 2018 (Chart 1)

 
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