The stellar performance of the #Dow Jones & #USDollar have been reaffirmed with last Friday's Non-Farm payrolls number bolstering market participants with over 321K; with a total of 2.65 million jobs over the last 11 months, which surpasses the 2.33 million created from the previous year in 2013. This has been the a 10th consecutive home run on the Jobs field; so to speak for the US economy. Giving a green light for the Fed to hike rates at mid-2015.
Although, market driven by fundamental drivers is not new, since the past few months the market has been surrounded and is still is with other geopolitical uncertainty in the European continent where Russian related conflicts still tops the list. While Asia is dominantly seeing the USDJPY surged to as high as 121.68 to this writing and analyst are now more convinced that this rally is not over.
Stellar Performance: DOW
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