It’s Always Sunny in D.C.

With this morning’s employment report beat, the financial whizzes in the Eccles Building can go back to beating the higher interest rate drum.  Even with the assessed odds of a September hike priced at a measly 10%, look for the Fedspeak to tilt decidedly more hawkish in the coming days.

The USD, which bounced off our support zone on Tuesday, is getting a nice boost this morning.  This will aid the USDJPY, which has been on life support since tagging our 100.81 target on Tuesday.2016-08-05 DX 60 0600continued for members


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