Most currency pairs are consolidating ahead of today´s NFP release, with the event likely to determine the short-term direction of the US Dollar.
Investors have high hopes for this week´s NFP report, with an unprecedented stimulus and vaccination success paving the way for further US economic growth
USTECH index tanks as technology stocks come under pressure; Further losses ahead for GER30; Oil continues to march higher; Currency traders eyeing the CAD
Inflation fears – pushed into the background by the Fed – are returning; There’s an improved outlook for the Euro; Commodity currencies are in the spotlight
GER30 approaches key support level; UK100 traders await a breakout; Coffee sell-off catching the eye; Is too much good news already priced into USTECH?
With traders back in risk-off mode, the Dollar is in demand – ones to watch include USD/CAD and GBP/USD; USOIL trading in an ascending channel