USD Rally Validates Cross Trade Strategy

The NFP Report have been the key driver in pushing the USD Index to higher territory while registering 99.34 basis point to this writing. A surge in the Jobs #'s with 271000 actual jobs growth and a 5% on unemployment figure surely gave USD bulls a run for the bank.

Please visit our previous sequence of market analysis that led to the best trade results for the week. Although, somehow this figure have slightly dampened stock prices, as this would be an encouraging data for the FED to justify an rate hike this December and start its normalization process.
The Cross trade strategy applied might be a little more expensive to maintain before the risk report, but the end result have been favorable since the data was nothing compared to market expectations. Click the link for details

 #‎USD_Validates_Cross_Trade‬:‪#‎USDJPY‬.‪#‎SGDJPY‬ JOBs 271K