Forex News and Events Last US job report left investors in the dark (by Arnaud Masset) The last US job report left the market a bit disappointed as it didn’t add clarity to the timing of the first rate hike by the Federal reserve in almost 10 years. The change in non-farm payrolls was surprisingly low (173k vs 217k expected) while the data from the previous month were revised substantially higher (to 245k from 215k). Traders have been left to their own devices and have been unable to choose a clear direction in both bonds and FX markets. The US 2-year treasury yield fell to 0.6568% and jumped to 0.7206% in a matter of minutes while the 10-year dropped to 2.1050% and bounced back to 2.1633% over the same period. In the end, yields returned
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