[RetiredArmy]

USA has unemployment rate of 5.4%; Germany has 11.5%; France over 9%; most of the remainder of Euro using Europe has huge unemployment rates, yet the dollar is down againt the Euro most of the time? Go figure. 20 different countries using the same currency vs. one; and they are socialists with huge unemployment. Go figure.

[demlosers]

USA has unemployment rate of 5.4%;

Make that 5.2% :)

[Trueredstater]

While the overall level appears good, I have some concerns regarding the number. If the economy consistently created new jobs in the 200,000+ range, I would agree the number was solid. However, last months number was low and the labor department revised December's numbers lower.

That being said, the dollar broke out of a technical trading range verses the euro. However, the dollar is still in a consolidation range verses the yen.