Better Than Expected Results

Non-farm payrolls were reported better than expected this morning, showing 132,000 new jobs created and the unemployment rate increasing to 4.5%. The Dollar spiked against the Euro on the news, reaching 1.3235. Although the rate of unemployment inched up from 4.4% in November, traders are digesting more revised data for last month, furthering the idea that the huge drop must have been an aberration. Read More.....