Forex Traders appeared to be saying “now what” based on the way the currency markets traders on Friday after the release of the U.S. Non-Farm Payrolls Report. Instead of saying “now what”, they should be saying “how much” as in how much will the Fed ante up to stop the U.S. economy from completely derailing?

December Treasury Bonds are trading higher this morning after ADP employment services released a weaker-than-expected jobs outlook. Investors were trading an increase of 20,000 jobs, the actual report showed a decline of 39,000.

The U.S. Dollar added to its already weak condition with another break to the downside versus most major currencies after ADP reported lower-than-expected jobs data.

Traders are reacting negatively toward the Dollar because the report came out on the wrong side of zero. Economists had forecast an increase of 20,000, the actual number was reported at -39,000.

Today, many of the major players were absent ahead of Thursday’s U.S. GDP report. This report should be a market mover. The preliminary guess is for a growth rate of 1.6%.