The US labour market shows no signs of weakness so far.The greenback adds to the optimism seen in the second half of the week and lifts theThe index climbed further and flirted with the area of recent peaks around 102.60 soon after anotherIn fact, the US economy almost tripled the expected job creation in January at 517K jobs vs. 185K estimated, while the jobless rate unexpectedly retreated to 3.4%. Further positive results came from the 4.4% yearly increase in Average Hourly Earnings.
Now, the index is gaining 0.65% at 102.39 and faces the next up barrier at 102.63 seconded by 102.89 and then 103.94 . On the downside, the breach of 100.82 would open the door to 100.00 and finally 99.81 .Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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