U.S. Dollar: NFP Friday Will Be Key

 | Jul 06, 2016 12:25AM ET

US Dollar

The employment report Friday will be key. Another bad number and the dollar will tank and start a left translated daily cycle. A weak dollar is going to be bullish for everything, so don’t be surprised if stocks react bullishly to a poor number.

This has never been about the economy or economics, or anything like that. This entire bull market has been based on QE and it will continue to be driven by QE.