As I am at a loss to explain many of the things going on these days, I will open this up for any and all:
-In what way would a weak jobs number (hence lower tax revenues and more government spending on benefits) result in a stronger dollar?
Circular logic may play out something like this:
Less jobs in US means less US consumer spending which means less exports for other nations so their revenues go down and the US dollar rises versus those currencies because it is better than those currencies because... well, it is.
If true the US should announce a total firing of every worker in the nation, unemployment at 100%, and then the dollar will be so strong we could just BUY China and have our very own manufacturing base. Any counter arguments?