Speaking on CNBC via Bloomers
- No reason to change Dec view on Fed liftoff after jobs report
- Confidence on inflation may have diminished a bit
- Jobless rate to go lower than 5.0% in 2016
If Sep is being pumped then the market is already looking priced in given the fall the dollar is seeing right now. we could be seeing some profit taking for the weekend so I wouldn't put too much thought into this move. Actually scrap that. As I mentioned earlier US bonds might have a say in price moves and the yield in 10's has moved back to the 1.185% lows, which will weigh on the buck
USDJPY drops to 124.40