It is bad enough that we have witnessed a vote that has knocked down the greenback, but now we have to deal with the horrific volatility of the US currency as well. Now, I warned you that this was going to happen as soon as European markets were going to step into today’s trading, but the swing that we are on now is really getting on our nerves as it becomes impossible to assess where the chart is going to go.

For example: the fact that impeachment is going to go on has overshadows the fact that today we were going to see several reports on the state of the US economy as well as get several important speeches. While we were following the chart Average Hourly Earnings m/m, Non-Farm Employment Change and Unemployment Rate reports came out, with the latter arguably being the most important out of all of them. Unemployment rate is one of the most important gauges for assessing the real state of economy. And it seems that the numbers given to the public were just what we needed after such bad news as USD spiked and came back to the level that we saw before the House of Representative voting. This way, it is safe to say that dollar came back to the old level and recovered from the hits.

Of course we can see that the volatility goes on and that it is going to take much more for the dollar to completely recover and find stable ground, but it seems that it is on the right track.

And we can be sure that this volatility is not going to cost us a cent as we always remember to use our trading signals.