Quote from myminitrading:
The currency market may be signaling a weak employment report.
But the US index futures are open tomorrow, and my guess is the will sky rocket, why, because the chant will be rate cut rate cut, fed is gonna cut rates wheee.
Lets see, I bet I am right.
see thats what I dont understand, no matter which way you spin the news its 100% positive. We can add 45,000 jobs tomorrow and the market will still rise based on the fact that the fed would come out and start cutting rates to keep the economy rolling along. But look at the falling dollar and rising energy prices and guess what, inflation inflation inflation.