US’ Kudlow: Unemployment can still go lower

In an interview with Bloomberg TV, the White House Economic Adviser Larry Kudlow expressed his take on the US labor market and dollar.

Key Headlines:

People are moving back into the labor force due to higher wages.

Long-term yields reflect expectations for strong growth.

A healthy dollar is a healthy economy.

We're not trying to influence Fed or dollar policy.

Trump thinks the relationships with China is broken.

There is discussion about a possible Trump-Xi meeting.

DXY Technical Analysis: Correction lower could be temporary

DXY daily chart                   Dollar Index Spot Overview:     Last Price: 95.63     Daily change: -13 pips     Daily change: -0.1
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US stocks struggle to gain traction, rising bond yields continue to weigh

Major US equity indices opened with modest gains, albeit quickly surrendered early uptick during the opening hour of trade on Friday as investors asse
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