NON‐FARM PAYROLLS BETTER THAN EXPECTED BUT STILL PAINT A VERY BLEAK OUTLOOK
January 09, 2009 at 19:17 PM EST
The dollar surged against the majors following better than expected payroll data. The EurUsd dropped nearly 200pips to the low range of 1.35, while the UsdJpy fell 100pips finding support near 90. The GbpUsd is flat, trading very closely to…