US Dollar gained against majority of currencies in last couple of days and today's lackluster NFP numbers would once again help ease concerns about the health of US economy after first quarter GDP shown contraction.
There was news on the wire that IMF urged Fed's not to increase rates this year and as such next FOMC meeting on June 17th would be of utmost importance as to gauge prospects of future interest rate hike.
I am expecting USD to strengthen against other major currencies in next few days.
There was news on the wire that IMF urged Fed's not to increase rates this year and as such next FOMC meeting on June 17th would be of utmost importance as to gauge prospects of future interest rate hike.
I am expecting USD to strengthen against other major currencies in next few days.