NFP Preview: What to expect for USD?
Non-farm payrolls are scheduled for release on Friday and investors are looking forward to a strong report. Job growth is expected to top 500K with th
Source: fxstreet.com
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GBP Pops on BoE, Will USDJPY Hit 106 on NFP? | BK Asset Management
February 4, 2021 Daily FX Market Roundup 02.04.2021 By Kathy Lien, Managing Director of FX Strategy for BK Asset Management Investors have been bidding up the US dollar all week and now they are wondering if Friday’s non-farm payrolls report could drive EUR/USD to fresh 2 month lows or USD/JPY above 106. NFPs are the most important piece of data for the US this week but over the past year, we’ve seen a diminishing impact on currencies. That mostly had to do with vaccine optimism and how it led investors to shrug off weaker numbers. However this month, non-farm payrolls are expected to...
Source: bkassetmanagement.com