Watching the reaction in US bonds to the data (it is the reaction that matters)…. 2 year 3.97$ -4.7bps, 10 year 4.063%, -.0.2 bps… USD (slipping) seems to be correlating with 2 year (for now)
My focus is in EURUSD 1.0950 as the overall sentiment indicator… last at1.0943
How is this for a data reaction… see 5 minute chart (candle: 1.0907-1.0955)