From the Floor: HFT sorcery plucks GBP from the skies USD ascendant

While markets are still reeling from the overnight algorithm-driven plunge in cable the real focus of today's trade is the US nonfarm payrolls print and its impact on both the dollar and the rate hike narrative.

from Ole Hansen - Authored content https://www.tradingfloor.com/posts/from-the-floor-hft-sorcery-plucks-gbp-from-the-skies-usd-ascendant-8121168?utm_medium=tf4-feed&utm_source=extract