US dollar index rises slightly ahead of important NFP data. The numbers are expected to show that the economy added 185k jobs in May.
Euro gains on strong US NFP figures, as NFP is up by 78,000 jobs, whilst the Unemployment Rate has fallen to 3.6%, which is nearly the 50-year low.
The US Dollar is under pressure after the mixed US NFP report last Friday that showed both signs of strength and weakness in the domestic economy.
USDJPY price has managed to rebound around 35-pips from Asian session lows and is currently placed at the top end of its daily trading range, around the 111.20-25 region.
The markets await NFP report today, we therefore expect a possible trend setting reaction from the greenback after the report. Meanwhile, Canada trade
The non-farm payroll report dominates the list of daily Forex News and trade opportunities. No disappointment from the Bank of England. The monetary policy