U.S. dollar futures are virtually unchanged Friday morning after April non-farm payrolls decreased by 20.5 million jobs, raising the unemployment rate to nearly 15%, the worst level since the Great Depression. This number was largely priced into markets already, and the report beat expectations by about 1 million jobs. Greenback futures failed to press through the previous swing high at 100.97, which could be a sign that the dollar rally is coming to an end. Inevitably, the unprecedented levels of liquidity being injected by the Fed will debase the USD and inflation will return to the U.S. economy. As the world moves to put the coronavirus pandemic behind us, uncertainty will subside, and the safe-haven qualities of the dollar will take a back seat. Foreign currency futures will thrive in this environment, most notably the euro and emerging market currencies.