Forecast on 11/03/2019 – USDJPY dropped after unemployment rate was revealed
NY Market USD/JPY has been dropped down after unemployment rate was announced. Non farm payroll was resulted way below market’s expectation, below 20,000, USD/JPY has been sold down to 110.75. Weakness on stock market and long term interest also put weight on USD/JPY. EUR/USD continues to be with small volatility at around 1.12. Stock market continues to be bearish as Asian Stock Market has been bearish and negative unemployment announcement. DOW also sold $22, continues to be negative for 5 days now. Credit continues to be bullish and long term interest rate down to 2.62%. Gold became bullish and Crude being negative. Rates USD/JPY: 110.75 – 111.20 EUR/USD: 1.1215 –…