By Chris Becker
Friday night saw the release of February’s non-farm payrolls from the US, with estimates of a staid month beaten on the upside with a strong print, sending the USD down against Euro and bond yields soaring higher. This week USD bulls await the March meeting of the US Federal Reserve that should see a positive boost to King Dollar which has been floundering since the presidential inauguration as the Trump administration has still not provided any concrete signs of fiscal policy reform.
As usual for Monday mornings, I’ll take a step back and look at markets with a longer term view as my “Trading Week”.