That’s the question right now and beyond that, it’s a matter of timing.
One jobs report doesn’t change the course of the US economy and could have been skewed by weather or holiday seasonal adjustments. If you believe in the US economy, the dollar just got a bit cheaper.
My thoughts. It’s too soon to buy the dollar, there will be talk about the Fed taking a pause from tapering in January and although I expect another $10B to be shaved off, the chance of no change is higher than it was and the market will need to price that in.
