More of the same as risk appetites are trimmed further following the anemic US labor report.
We’re in that twilight zone of the data being bad but perhaps not bad enough to get the Fed to move…Mr. Market is trying to get Dr. Bernanke’s attention by having a minor tantrum.
1.2288 support beckons, with a test looking likely before Europe closes up shop for the day.
The S&P is down just over 1% while EUR/USD is just above 1.2300.