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Unemployment data. Looking back at September 1, 2017

 
We all were waiting unemployment data last Friday so much… but… we didn’t get trading opportunity. So, let’s have a look back and a look ahead 🙂 
Unemployment data was a bit negative, as it was expected. But once dollar startded going down and EUR started rally – surprise!!! – ECB made an announcement and stopped our expected short term trend. I was getting out from the market so quickly as could 🙂 
Now about future – it’s difficult to predict next numbers of unemployment, mostly because of hurrican and infrastructure recovery after it. Any way, investors are positive and expect one more interest rate hike this year. so, we will have a nice dollar rally ahead. 
 
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Wish you good trades!