- Non-farm payrolls rise 155K vs 152K exp
- Unemployment rate 7.8% vs 7.7% exp
- Canada adds 39.8K jobs vs 5K exp
- ISM non-manufacturing 56.1 vs 54.1 exp
- Nov factory orders 0% vs +0.4% exp
- Fed’s Stimulus Isn’t Tied to the Calendar: Bullard
- Fed’s Lacker says disappointing growth may be best ‘we should expect’
- Plosser forecast 3% growth in 2013 and 2014
- Schaeuble says confidence returning to markets
- Congress approves Sandy aid
- CFTC: Specs long euro for the first time since Aug 2011
- S&P 500 up 0.5% to 146;, up 4.6% on the week
- NZD leads, JPY lags
Payrolls were close to expectations but not good enough to keep the US dollar rally going. The euro stalled ahead of 1.30 and rebounded to 1.3075.
Cable was nearly identical — unable to break 1.6000 and then rebounding to 1.6075.
The big winner in US trading was the Canadian dollar after another blockbuster employment report. USD/CAD fell to 0.9850 from 0.9920.
Have a great weekend.
