FX Closing Comments

After this morning's NFP number, which showed 243,000 new jobs in February, the Dollar was characteristically volatile throughout the morning. The greenback did not, however, sustain any real momentum and ended the day virtually unchanged. Next week will bring February's retails sales data and the Treasury's capital inflow data. Strong foreign capital flows will help alleviate the deficit concerns that have re-surfaced this week in the face January's record trade deficit.