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Other than the initial kneejerk when the unemployment rate and nonfarm payrolls came out the dollar made no big progress today against most other major currencies. The weak ass GDP from the 1st quarter that's been revised 3 times now at -2.9 the lowest in 5 years.. I think they can only use the bullshit story about the harsh US winter effecting jobs and production for so long.. Hell even most of the FOMC members are down on US manufacturing and a couple headstrong against Yellens decision to not bump the interest rate this last go round. Going to take a lot more than 1 month of good EU rates and nonform payrolls to give the dollar some kick.
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