Spokesman Robert Gibbs, speaking to reporters while travelling from London to Strasbourg, has said “Obviously we’ll get unemployment numbers later today. I think it’s safe to expect, without having seen them, that we’ll see additional severe job cuts in America”
Asked whether the President had seen the jobs report, Gibbs said he thought he probably had.
You’ve been warned. The comment has helped sour risk sentiment a bit, EUR/USD trading down at 1.3445, while cable is back at 1.4775 having early posted a session high 1.4828.
