The U.S. Unemployment numbers came in at a loss of 467,000 jobs, quite a bit more than the 350,000 loss that was expected. The unemployment rate ticked up to 9.5% with a total of 6.5 million jobs lost since the start of the recession, according to the Wall Street Journal. The ECB, as expected, left its key interest rate alone at 1%.
The only noticeable impact of either event is the EURCHF retracing half of the move upward that came on the heels of the quote I shared in an earlier post from the SNB. This retracement could also just be the natural order of things and have nothing to do with either news event today.
Self-Care and Performance
2 hours ago
No comments:
Post a Comment