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If horrendous job numbers are unable to faze King Dollar, then what can?US non-farm payroll employment dropped by a staggering 701,000 in March, the worst in 11 years as the coronavirus outbreak swept through the United States like a crazy tornado. The unemployment rate jumped from 3.5% to 4.4%, its largest over-the-month increase since January 1975 while average hourly earnings rose 0.4% month-on-month.This disappointing US jobs report continues to illustrate a very gloomy picture and highlights how badly the black swan event is impacting the largest economy in the world. Could this... Read More

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