US equities are recovering some lost ground and EUR/JPY is drifting higher in concert. A talking head on CNBC noted that the major US indexes are bouncing from a 50% retracement of their recent rally, a hopeful sign.
Look for fresh taking to be minimal until after the US releases unemployment figures tomorrow. The street is looking for a loss of 200,000 jobs.
Don’t forget to put in you guess in our payrolls pool. Winner gets the crappy item of their choice from the FX Briefs store!
